248 Ratta RdChazyNY12921
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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 Chazy at 248 Ratta Rd, Chazy, NY, 12921 generates $1,900/mo in rent and, after a $929/mo payment, leaves $632/mo in cash flow. Total monthly income is $1,900/mo, and annual cash flow is $7,588/yr on $62,952 invested. Return on cash invested sits at 31.96% in year one, and rental yield is 12.01% on a $189,900 entry. Equity gained on principal adds $1,225/yr, while 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 168.16% and total cumulative return in cash sums $105,857. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,900/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12921, Chazy, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,218 (100%) |
| Owner Occupied HU | 773 (63.5%) |
| Renter Occupied HU | 217 (17.8%) |
| Vacant Housing Units | 228 (18.7%) |
| Median Home Value | $239,483 |
| Average Home Value | $281,646 |
Housing Distribution
Address Breakdown
Residential
959
Single Family
959
Multi-Family
0
Businesses
55
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