184-186 E Main StChateaugayNY12920
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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 Chateaugay at 184-186 E Main St, Chateaugay, NY, 12920 uses $53,007 cash to close to unlock $9,010/yr annual cash flow and $751/mo monthly cash flow. Total monthly income runs $1,819/mo, and a $783/mo payment keeps the spread at $751/mo. Purchase price stands at $159,900, and rental yield measures 13.65% with $1,819/mo rent. Return on cash invested shows 36.91% in year one, and 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 194.66% and total cumulative return in cash records $103,182. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,819/mo property income covering a $783/mo payment rather than investor’s personal income.
Multi Family
Built in 1950
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12920, Chateaugay, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,421 (100%) |
| Owner Occupied HU | 810 (57.0%) |
| Renter Occupied HU | 191 (13.4%) |
| Vacant Housing Units | 420 (29.6%) |
| Median Home Value | $144,366 |
| Average Home Value | $194,907 |
Housing Distribution
Address Breakdown
Residential
894
Single Family
879
Multi-Family
15
Businesses
65
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Listed by: Ricky LaBare • Northern Adirondack Realty
Mls Name: ACVMLS
Mls ID: #206006