263 Route 276ChamplainNY12919
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Champlain at 263 Route 276, Champlain, NY, 12919 priced at $174,900 converts $1,366/mo rent into $198/mo cash flow after a $856/mo obligation. Total monthly income equals $1,366/mo, and annual cash flow totals $2,377/yr on $57,979 invested. Return on cash invested prints 24.01% in year one, and rental yield reads 9.37% against a $174,900 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation compiles into $48,322 by year five. Five-year ROI reaches 125.57% and total cumulative return in cash sums $72,804. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,366/mo property income covering a $856/mo payment, not borrower’s personal income.
Single Family
Built in 1805
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12919, Champlain, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,632 (100%) |
| Owner Occupied HU | 971 (59.5%) |
| Renter Occupied HU | 380 (23.3%) |
| Vacant Housing Units | 281 (17.2%) |
| Median Home Value | $205,569 |
| Average Home Value | $403,167 |
Housing Distribution
Address Breakdown
Residential
1,265
Single Family
1,265
Multi-Family
0
Businesses
260
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Nearby investment properties with comparable prices
Listed by: Amy Provost • Ridgeline Realty Group
Mls Name: ACVMLS
Mls Provider:
Mls ID: #202931
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.