39 Champlain StRouses PtNY12979
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
Rental property for sale in Rouses Pt at 39 Champlain St, Rouses Pt, NY, 12979 priced at $120,000 converts $959/mo rent into $158/mo cash flow after a $587/mo obligation. Total monthly income equals $959/mo, and annual cash flow totals $1,896/yr on $39,780 invested. Return on cash invested prints 24.68% in year one, and rental yield reads 9.59% against a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation compiles into $33,154 by year five. Five-year ROI reaches 129.01% and total cumulative return in cash sums $51,319. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $959/mo property income covering a $587/mo payment, not borrower’s personal income.
Single Family
Built in 1850
0.63 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Thomas Trevett • The Trevett Group
Mls Name: ACVMLS
Mls Provider:
Mls ID: #204295
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.