2754 Schroon River RoadWarrensburgNY12885
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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 Warrensburg at 2754 Schroon River Road, Warrensburg, NY, 12885 offers a 6.3% rental yield on a $579,000 purchase with $3,038/mo rent. 84% in year one. Equity gained on principal adds $3,736/yr while 5% annual appreciation supports $159,967 over five years. Portfolio math shows five-year ROI at 76.28% and total cumulative return in cash at $145,303. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,038/mo property income against a $2,834/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1989
6.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12885, Warrensburg, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,602 (100%) |
| Owner Occupied HU | 1,386 (53.3%) |
| Renter Occupied HU | 620 (23.8%) |
| Vacant Housing Units | 596 (22.9%) |
| Median Home Value | $229,412 |
| Average Home Value | $342,008 |
Housing Distribution
Address Breakdown
Residential
2,009
Single Family
2,009
Multi-Family
0
Businesses
176
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Listed by: Angela Mead • Gallo Realty ADK Inc
Mls Name: Global MLS
Mls Provider:
Mls ID: #202514326
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