21 Academy StRouses PtNY12979
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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
Rental property for sale in Rouses Pt at 21 Academy St, Rouses Pt, NY, 12979 generates $1,703/mo in rent and, after a $1,223/mo payment, leaves $34/mo in cash flow. Total monthly income is $1,703/mo, and annual cash flow is $412/yr on $82,842 invested. Return on cash invested sits at 20.41% in year one, and rental yield is 8.18% on a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 106.18% and total cumulative return in cash sums $87,962. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,703/mo property income rather than buyer’s personal income.
Multi Family
Built in 1925
0.39 Acres lot
$N/A/sqft
No HOA
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Listed by: Christina Deso • Hemingway Realty The Adirondack Group
Mls Name: ACVMLS
Mls Provider:
Mls ID: #202086
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.