29 Mechanic StPrattsburghNY14873
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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 Prattsburgh at 29 Mechanic St, Prattsburgh, NY, 14873 with 5% annual appreciation on a $179,900 basis while $0/mo rent supports operations. 27% in year one. Equity gained on principal adds $1,161/yr, and five-year appreciation sums $49,703 alongside rental yield of 0%. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $0/mo property income versus a $881/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14873, Prattsburgh, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,491 (100%) |
| Owner Occupied HU | 845 (56.7%) |
| Renter Occupied HU | 144 ( 9.7%) |
| Vacant Housing Units | 502 (33.7%) |
| Median Home Value | $165,720 |
| Average Home Value | $233,015 |
Housing Distribution
Address Breakdown
Residential
969
Single Family
969
Multi-Family
0
Businesses
26
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No similar rental properties found nearby.
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Listed by: Christopher Warren • Howard Hanna The Rohr Agency
Mls Name: NYSAMLSs
Mls ID: #R1645317