32 W Hill RdPlattsburghNY12901
Nearby investment properties with comparable rents
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
Investment property for sale in Plattsburgh at 32 W Hill Rd, Plattsburgh, NY, 12901 with 5% annual appreciation on a $469,000 basis while $6,572/mo rent supports operations. Total monthly income totals $6,572/mo and a $2,296/mo payment preserves $3,440/mo for cash returns. Annual cash flow comes to $41,275/yr on $155,474 deployed, and return on cash invested reaches 46.46% in year one. Equity gained on principal adds $3,026/yr, and five-year appreciation sums $129,576 alongside rental yield of 16.82%. Five-year ROI measures 245.85% and total cumulative return in cash totals $382,231.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,572/mo property income versus a $2,296/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1977
2.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12901, Plattsburgh, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,633 (100%) |
| Owner Occupied HU | 7,410 (47.4%) |
| Renter Occupied HU | 6,668 (42.7%) |
| Vacant Housing Units | 1,555 ( 9.9%) |
| Median Home Value | $223,057 |
| Average Home Value | $266,878 |
Housing Distribution
Address Breakdown
Residential
14,276
Single Family
13,116
Multi-Family
1,160
Businesses
1,684
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Emily M. Boucher • Due North Realty LLC
Mls Name: ACVMLS
Mls Provider:
Mls ID: #202537
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.