35 Depot StChateaugayNY12920
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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 Chateaugay at 35 Depot St, Chateaugay, NY, 12920 priced at $124,900 converts $1,271/mo rent into $437/mo cash flow after a $611/mo obligation. Total monthly income equals $1,271/mo, and annual cash flow totals $5,247/yr on $41,404 invested. Return on cash invested prints 32.58% in year one, and rental yield reads 12.21% against a $124,900 entry. Equity gained on principal adds $806/yr, while 5% annual appreciation compiles into $34,508 by year five. Five-year ROI reaches 171.54% and total cumulative return in cash sums $71,026. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,271/mo property income covering a $611/mo payment, not borrower’s personal income.
Multi Family
Built in 1901
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12920, Chateaugay, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,421 (100%) |
| Owner Occupied HU | 810 (57.0%) |
| Renter Occupied HU | 191 (13.4%) |
| Vacant Housing Units | 420 (29.6%) |
| Median Home Value | $144,366 |
| Average Home Value | $194,907 |
Housing Distribution
Address Breakdown
Residential
894
Single Family
879
Multi-Family
15
Businesses
65
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Listed by: Ricky LaBare • Northern Adirondack Realty
Mls Name: ACVMLS
Mls ID: #205995