24 Decker RdWestportNY12993
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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 Westport at 24 Decker Rd, Westport, NY, 12993 uses $57,979 cash to close to unlock $29,209/yr annual cash flow and $2,434/mo monthly cash flow. Total monthly income runs $3,602/mo, and a $856/mo payment keeps the spread at $2,434/mo. Purchase price stands at $174,900, and rental yield measures 24.71% with $3,602/mo rent. Return on cash invested shows 70.29% in year one, and 5% annual appreciation builds toward $48,322 over five years. Five-year ROI reaches 373.73% and total cumulative return in cash records $216,684. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,602/mo property income covering a $856/mo payment rather than investor’s personal income.
Single Family
Built in 2002
3.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12993, Westport, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,235 (100%) |
| Owner Occupied HU | 622 (50.4%) |
| Renter Occupied HU | 168 (13.6%) |
| Vacant Housing Units | 445 (36.0%) |
| Median Home Value | $325,161 |
| Average Home Value | $350,004 |
Housing Distribution
Address Breakdown
Residential
573
Single Family
573
Multi-Family
0
Businesses
64
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Listed by: Brandi Jewell • RE/MAX North Country
Mls Name: ACVMLS
Mls Provider:
Mls ID: #203224
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.