24 Delaware 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 24 Delaware St, Rouses Pt, NY, 12979 priced at $199,900 converts $1,331/mo rent into after a $978/mo obligation. Total monthly income equals $1,331/mo. Return on cash invested prints 19.85% in year one, and rental yield reads 7.99% against a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation compiles into $55,229 by year five. Five-year ROI reaches 103.18% and total cumulative return in cash sums $68,377. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,331/mo property income covering a $978/mo payment, not borrower’s personal income.
Multi Family
Built in 1900
6,976 sqft lot
$N/A/sqft
No HOA
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Listed by: Michael Rowe • Kavanaugh Realty-Plattsburgh
Mls Name: ACVMLS
Mls Provider:
Mls ID: #204660
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.