39 Waller StPiercefieldNY12973
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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
Investment property for sale in Piercefield at 39 Waller St, Piercefield, NY, 12973 with 5% annual appreciation on a $125,000 basis while $1,968/mo rent supports operations. Total monthly income totals $1,968/mo and a $612/mo payment preserves $1,133/mo for cash returns. Annual cash flow comes to $13,597/yr on $41,438 deployed, and return on cash invested reaches 52.72% in year one. Equity gained on principal adds $807/yr, and five-year appreciation sums $34,535 alongside rental yield of 18.89%. Five-year ROI measures 279.56% and total cumulative return in cash totals $115,841.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,968/mo property income versus a $612/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1900
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12973, Piercefield, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 113 (100%) |
| Owner Occupied HU | 41 (36.3%) |
| Renter Occupied HU | 7 ( 6.2%) |
| Vacant Housing Units | 65 (57.5%) |
| Median Home Value | $282,143 |
| Average Home Value | $260,183 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
11
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Listed by: Linda Pickering • Merrill L. Thomas - Gillis Team
Mls Name: ACVMLS
Mls Provider:
Mls ID: #200853
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.