43 Maple StMorrisonvilleNY12962
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 Morrisonville at 43 Maple St, Morrisonville, NY, 12962 offers $2,146/mo rent that, after a $1,121/mo payment, leaves $617/mo cash flow. Total monthly income is $2,146/mo, and annual cash flow is $7,399/yr on $75,914 cash. Return on cash invested measures 29.66% in year one, and rental yield stands at 11.25% at a $229,000 entry. Equity gained on principal adds $1,478/yr while 5% annual appreciation compounds into $63,268 by year five. Five-year ROI records 155.77% and total cumulative return in cash reaches $118,253. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,146/mo property income versus a $1,121/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12962, Morrisonville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,372 (100%) |
| Owner Occupied HU | 1,723 (72.6%) |
| Renter Occupied HU | 462 (19.5%) |
| Vacant Housing Units | 187 ( 7.9%) |
| Median Home Value | $248,430 |
| Average Home Value | $265,322 |
Housing Distribution
Address Breakdown
Residential
2,166
Single Family
2,117
Multi-Family
49
Businesses
66
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Listed by: Bridget Anne Pellerin • Coldwell Banker Whitbeck Assoc. Plattsburgh
Mls Name: ACVMLS
Mls ID: #205549