40 Smith StRouses PointNY12979
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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 Rouses Point at 40 Smith St, Rouses Point, NY, 12979 priced at $350,000 pairs $3,034/mo rent with $697/mo cash flow after a $1,713/mo payment. Total monthly income equals $3,034/mo, and annual cash flow comes to $8,362/yr on $116,025 invested. Return on cash invested is 27.12% in year one, and rental yield stands at 10.4% on a $350,000 basis. Equity gained on principal adds $2,258/yr, and 5% annual appreciation accumulates to $96,699 by year five. Five-year ROI measures 142.13% and total cumulative return in cash reaches $164,906. For financing, Ziffy Mortgage’s DSCR program evaluates $3,034/mo property income against a $1,713/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1973
0.43 Acres lot
$N/A/sqft
No HOA
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Listed by: Michael Rowe • Kavanaugh Realty-Plattsburgh
Mls Name: ACVMLS
Mls Provider:
Mls ID: #205506
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.