2716 Lake Shore 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 2716 Lake Shore Rd, Chazy, NY, 12921 priced at $400,000 converts $1,793/mo rent into after a $1,958/mo obligation. Total monthly income equals $1,793/mo. Return on cash invested prints 11.96% in year one, and rental yield reads 5.38% against a $400,000 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation compiles into $110,513 by year five. Five-year ROI reaches 60.87% and total cumulative return in cash sums $80,716. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,793/mo property income covering a $1,958/mo payment, not borrower’s personal income.
Single Family
Built in 1985
0.33 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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Listed by: Samantha Seymour • Coldwell Banker Whitbeck Assoc. Plattsburgh
Mls Name: ACVMLS
Mls Provider:
Mls ID: #203882
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.