208 Lake RdChateaugayNY12920
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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 208 Lake Rd, Chateaugay, NY, 12920 with 5% annual appreciation on a $249,900 basis while $1,974/mo rent supports operations. Total monthly income totals $1,974/mo and a $1,223/mo payment preserves $305/mo for cash returns. Annual cash flow comes to $3,664/yr on $82,842 deployed, and return on cash invested reaches 24.33% in year one. Equity gained on principal adds $1,613/yr, and five-year appreciation sums $69,043 alongside rental yield of 9.48%. Five-year ROI measures 127.24% and total cumulative return in cash totals $105,410.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,974/mo property income versus a $1,223/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2012
8,712 sqft 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: Lisa Napper • LAPOINT REALTY INC
Mls Name: NY State MLS
Mls ID: #11565288