2903 Route 3CadyvilleNY12918
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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 Cadyville at 2903 Route 3, Cadyville, NY, 12918 priced at $174,900 converts $0/mo rent into after a $856/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -4.26% in year one, and rental yield reads 0% against a $174,900 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation compiles into $48,322 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $856/mo payment, not borrower’s personal income.
Single Family
Built in 1900
3.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12918, Cadyville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,113 (100%) |
| Owner Occupied HU | 861 (77.4%) |
| Renter Occupied HU | 164 (14.7%) |
| Vacant Housing Units | 88 ( 7.9%) |
| Median Home Value | $216,329 |
| Average Home Value | $228,386 |
Housing Distribution
Address Breakdown
Residential
922
Single Family
922
Multi-Family
0
Businesses
21
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Tammy Perrotte Sears • RE/MAX North Country
Mls Name: ACVMLS
Mls Provider:
Mls ID: #202899
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.