32 Spruce StChamplainNY12919
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Nearby investment properties with comparable prices
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 Champlain at 32 Spruce St, Champlain, NY, 12919 priced at $169,900 pairs $2,372/mo rent with $1,237/mo cash flow after a $832/mo payment. Total monthly income equals $2,372/mo, and annual cash flow comes to $14,844/yr on $56,322 invested. Return on cash invested is 46.26% in year one, and rental yield stands at 16.75% on a $169,900 basis. Equity gained on principal adds $1,096/yr, and 5% annual appreciation accumulates to $46,940 by year five. Five-year ROI measures 244.92% and total cumulative return in cash reaches $137,942. For financing, Ziffy Mortgage’s DSCR program evaluates $2,372/mo property income against a $832/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1985
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12919, Champlain, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,632 (100%) |
| Owner Occupied HU | 971 (59.5%) |
| Renter Occupied HU | 380 (23.3%) |
| Vacant Housing Units | 281 (17.2%) |
| Median Home Value | $205,569 |
| Average Home Value | $403,167 |
Housing Distribution
Address Breakdown
Residential
1,265
Single Family
1,265
Multi-Family
0
Businesses
260
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Listed by: Chloe Lobdell • LB House To Home Realty
Mls Name: ACVMLS
Mls Provider:
Mls ID: #202477
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.