172 Kent Falls RdMorrisonvilleNY12962
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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 Morrisonville at 172 Kent Falls Rd, Morrisonville, NY, 12962 uses $39,747 cash to close to unlock $326/yr annual cash flow and $27/mo monthly cash flow. Total monthly income runs $828/mo, and a $587/mo payment keeps the spread at $27/mo. Purchase price stands at $119,900, and rental yield measures 8.29% with $828/mo rent. Return on cash invested shows 20.73% in year one, and 5% annual appreciation builds toward $33,126 over five years. Five-year ROI reaches 107.99% and total cumulative return in cash records $42,924. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $828/mo property income covering a $587/mo payment rather than investor’s personal income.
Multi Family
Built in 1960
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12962, Morrisonville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,372 (100%) |
| Owner Occupied HU | 1,723 (72.6%) |
| Renter Occupied HU | 462 (19.5%) |
| Vacant Housing Units | 187 ( 7.9%) |
| Median Home Value | $248,430 |
| Average Home Value | $265,322 |
Housing Distribution
Address Breakdown
Residential
2,166
Single Family
2,117
Multi-Family
49
Businesses
66
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Listed by: Kathy Bennett • RE/MAX North Country
Mls Name: ACVMLS
Mls ID: #206191