1662 Miner Farm RdChazyNY12921
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Chazy at 1662 Miner Farm Rd, Chazy, NY, 12921 uses $106,080 cash to close to unlock $12,400/yr annual cash flow and $1,033/mo monthly cash flow. Total monthly income runs $3,170/mo, and a $1,566/mo payment keeps the spread at $1,033/mo. Purchase price stands at $320,000, and rental yield measures 11.89% with $3,170/mo rent. Return on cash invested shows 31.6% in year one, and 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 166.2% and total cumulative return in cash records $176,307. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,170/mo property income covering a $1,566/mo payment rather than investor’s personal income.
Single Family
Built in 1900
1.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12921, Chazy, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,218 (100%) |
| Owner Occupied HU | 773 (63.5%) |
| Renter Occupied HU | 217 (17.8%) |
| Vacant Housing Units | 228 (18.7%) |
| Median Home Value | $239,483 |
| Average Home Value | $281,646 |
Housing Distribution
Address Breakdown
Residential
959
Single Family
959
Multi-Family
0
Businesses
55
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Listed by: Courtney De La Cruz • Kingdom Realty Upstate NY LLC
Mls Name: ACVMLS
Mls Provider:
Mls ID: #204883
Disclaimer: Listing data courtesy of the Internet Data Exchange (IDX) Program of the Adirondack Champlain Valley Multiple Listing Service. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information deemed reliable but not guaranteed.