24 Haven LanePort HenryNY12974
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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 Port Henry at 24 Haven Lane, Port Henry, NY, 12974 generates $1,435/mo in rent and, after a $891/mo payment, leaves $219/mo in cash flow. Total monthly income is $1,435/mo, and annual cash flow is $2,633/yr on $60,333 invested. Return on cash invested sits at 24.27% in year one, and rental yield is 9.46% on a $182,000 entry. Equity gained on principal adds $1,174/yr, while 5% annual appreciation builds toward $50,283 over five years. Five-year ROI reaches 126.93% and total cumulative return in cash sums $76,581. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,435/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12974, Port Henry, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 881 (100%) |
| Owner Occupied HU | 506 (57.4%) |
| Renter Occupied HU | 214 (24.3%) |
| Vacant Housing Units | 161 (18.3%) |
| Median Home Value | $192,500 |
| Average Home Value | $204,125 |
Housing Distribution
Address Breakdown
Residential
650
Single Family
627
Multi-Family
23
Businesses
61
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Listed by: Leilani Sprague • Country Road Real Estate
Mls Name: Global MLS
Mls ID: #202528924