172 Brown Benoit RdOwls HeadNY12969
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Owls Head at 172 Brown Benoit Rd, Owls Head, NY, 12969 offers $1,579/mo rent that, after a $978/mo payment, leaves $245/mo cash flow. Total monthly income is $1,579/mo, and annual cash flow is $2,934/yr on $66,267 cash. Return on cash invested measures 24.34% in year one, and rental yield stands at 9.48% at a $199,900 entry. Equity gained on principal adds $1,290/yr while 5% annual appreciation compounds into $55,229 by year five. Five-year ROI records 127.25% and total cumulative return in cash reaches $84,325. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,579/mo property income versus a $978/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1949
12.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12969, Owls Head, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 492 (100%) |
| Owner Occupied HU | 167 (33.9%) |
| Renter Occupied HU | 23 ( 4.7%) |
| Vacant Housing Units | 302 (61.4%) |
| Median Home Value | $207,500 |
| Average Home Value | $233,623 |
Housing Distribution
Address Breakdown
Residential
167
Single Family
167
Multi-Family
0
Businesses
8
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Listed by: Nicholas Buccellato • RE/MAX North Country
Mls Name: ACVMLS
Mls Provider:
Mls ID: #203802
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.