240 Leneker RoadFort PlainNY13339
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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 Fort Plain at 240 Leneker Road, Fort Plain, NY, 13339 at $995,000 posts ROI 7.29% with from $3,161/mo rent. Total monthly income equals $3,161/mo. Return on cash invested measures 7.29% and rental yield reads 3.81% at the current $995,000. Equity gained on principal adds $6,421/yr, and 5% annual appreciation supports $274,900 by year five. Five-year ROI prints 35.79% and total cumulative return in cash totals $117,162. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,161/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1810
174 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13339, Fort Plain, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,768 (100%) |
| Owner Occupied HU | 1,763 (63.7%) |
| Renter Occupied HU | 648 (23.4%) |
| Vacant Housing Units | 357 (12.9%) |
| Median Home Value | $133,053 |
| Average Home Value | $195,156 |
Housing Distribution
Address Breakdown
Residential
2,596
Single Family
2,560
Multi-Family
36
Businesses
146
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Listed by: Rochelle Bailey • Krutz Properties, LLC
Mls Name: Global MLS
Mls Provider:
Mls ID: #202412062
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Judy Moriarty, Zillow, Inc., Corp. Broker