21 Old Plattsburgh RdMooersNY12958
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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 Mooers at 21 Old Plattsburgh Rd, Mooers, NY, 12958 offers a 9.64% rental yield on a $150,000 purchase with $1,205/mo rent. Total monthly income registers $1,205/mo, and a $734/mo payment leaves $204/mo available for distribution. Annual cash flow reaches $2,442/yr on $49,725 to close, and return on cash invested stands at 24.82% in year one. Equity gained on principal adds $968/yr while 5% annual appreciation supports $41,442 over five years. Portfolio math shows five-year ROI at 129.87% and total cumulative return in cash at $64,578. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,205/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1870
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12958, Mooers, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 919 (100%) |
| Owner Occupied HU | 691 (75.2%) |
| Renter Occupied HU | 148 (16.1%) |
| Vacant Housing Units | 80 ( 8.7%) |
| Median Home Value | $199,038 |
| Average Home Value | $211,491 |
Housing Distribution
Address Breakdown
Residential
734
Single Family
722
Multi-Family
12
Businesses
32
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Listed by: Kathy Bennett • RE/MAX North Country
Mls Name: ACVMLS
Mls Provider:
Mls ID: #204589
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.