1799 County Route 9ChathamNY12037
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
Investment property for sale in Chatham at 1799 County Route 9, Chatham, NY, 12037 at $475,000 posts ROI 58.23% with $5,029/mo cash flow from $8,201/mo rent. Total monthly income equals $8,201/mo, and annual cash flow records $60,347/yr on $157,463 to close. Return on cash invested measures 58.23% and rental yield reads 20.72% at the current $475,000. Equity gained on principal adds $3,065/yr, and 5% annual appreciation supports $131,234 by year five. Five-year ROI prints 308.99% and total cumulative return in cash totals $486,547.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $8,201/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Apartment
Built in 1972
5.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12037, Chatham, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,296 (100%) |
| Owner Occupied HU | 1,290 (56.2%) |
| Renter Occupied HU | 609 (26.5%) |
| Vacant Housing Units | 397 (17.3%) |
| Median Home Value | $375,646 |
| Average Home Value | $500,101 |
Housing Distribution
Address Breakdown
Residential
1,791
Single Family
1,571
Multi-Family
220
Businesses
264
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Nearby investment properties with comparable prices
Listed by: David Birch • Barns & Farms Realty
Mls Name: Global MLS
Mls Provider:
Mls ID: #202418402
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Judy Moriarty, Zillow, Inc., Corp. Broker