280 South RoadWhitehallNY12887
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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 Whitehall at 280 South Road, Whitehall, NY, 12887 offers $1,200/mo rent that, after a $734/mo payment, leaves $199/mo cash flow. Total monthly income is $1,200/mo, and annual cash flow is $2,382/yr on $49,725 cash. Return on cash invested measures 24.7% in year one, and rental yield stands at 9.6% at a $149,999 entry. Equity gained on principal adds $968/yr while 5% annual appreciation compounds into $41,442 by year five. Five-year ROI records 129.19% and total cumulative return in cash reaches $64,242. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,200/mo property income versus a $734/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12887, Whitehall, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,491 (100%) |
| Owner Occupied HU | 1,434 (57.6%) |
| Renter Occupied HU | 634 (25.5%) |
| Vacant Housing Units | 423 (17.0%) |
| Median Home Value | $194,369 |
| Average Home Value | $233,584 |
Housing Distribution
Address Breakdown
Residential
2,092
Single Family
2,092
Multi-Family
0
Businesses
121
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