33 Merrilee LnKeesevilleNY12944
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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 Keeseville at 33 Merrilee Ln, Keeseville, NY, 12944 priced at $315,000 pairs $2,194/mo rent with $90/mo cash flow after a $1,542/mo payment. Total monthly income equals $2,194/mo, and annual cash flow comes to $1,083/yr on $104,423 invested. Return on cash invested is 20.95% in year one, and rental yield stands at 8.36% on a $315,000 basis. Equity gained on principal adds $2,033/yr, and 5% annual appreciation accumulates to $87,029 by year five. Five-year ROI measures 109.08% and total cumulative return in cash reaches $113,909. For financing, Ziffy Mortgage’s DSCR program evaluates $2,194/mo property income against a $1,542/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1941
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12944, Keeseville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,563 (100%) |
| Owner Occupied HU | 1,533 (59.8%) |
| Renter Occupied HU | 499 (19.5%) |
| Vacant Housing Units | 531 (20.7%) |
| Median Home Value | $280,529 |
| Average Home Value | $360,256 |
Housing Distribution
Address Breakdown
Residential
1,780
Single Family
1,730
Multi-Family
50
Businesses
105
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Listed by: Kira Witherwax • RE/MAX North Country
Mls Name: ACVMLS
Mls Provider:
Mls ID: #204176
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.