26995 Three Mile Point RdChaumontNY13622
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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 Chaumont at 26995 Three Mile Point Rd, Chaumont, NY, 13622 offers a 7.22% rental yield on a $449,000 purchase with $2,700/mo rent. 5% in year one. Equity gained on principal adds $2,897/yr while 5% annual appreciation supports $124,050 over five years. Portfolio math shows five-year ROI at 90.59% and total cumulative return in cash at $134,836. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,700/mo property income against a $2,198/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13622, Chaumont, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,599 (100%) |
| Owner Occupied HU | 790 (49.4%) |
| Renter Occupied HU | 156 ( 9.8%) |
| Vacant Housing Units | 653 (40.8%) |
| Median Home Value | $274,766 |
| Average Home Value | $318,184 |
Housing Distribution
Address Breakdown
Residential
798
Single Family
775
Multi-Family
23
Businesses
50
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