454 Lapham Mills RdPeruNY12972
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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
Investment property for sale in Peru at 454 Lapham Mills Rd, Peru, NY, 12972 at $129,000 posts ROI 51.42% with $1,123/mo cash flow from $1,984/mo rent. Total monthly income equals $1,984/mo, and annual cash flow records $13,475/yr on $42,764 to close. Return on cash invested measures 51.42% and rental yield reads 18.46% at the current $129,000. Equity gained on principal adds $832/yr, and 5% annual appreciation supports $35,640 by year five. Five-year ROI prints 272.45% and total cumulative return in cash totals $116,509.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,984/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1940
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12972, Peru, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,623 (100%) |
| Owner Occupied HU | 1,861 (70.9%) |
| Renter Occupied HU | 504 (19.2%) |
| Vacant Housing Units | 258 ( 9.8%) |
| Median Home Value | $266,947 |
| Average Home Value | $315,027 |
Housing Distribution
Address Breakdown
Residential
2,368
Single Family
2,338
Multi-Family
30
Businesses
103
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Listed by: Katie Perrone • Coldwell Banker Whitbeck Assoc. Plattsburgh
Mls Name: ACVMLS
Mls Provider:
Mls ID: #203703
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.