478 Prospect StChamplainNY12919
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
Investment property for sale in Champlain at 478 Prospect St, Champlain, NY, 12919 with 5% annual appreciation on a $168,000 basis while $2,017/mo rent supports operations. Total monthly income totals $2,017/mo and a $822/mo payment preserves $895/mo for cash returns. Annual cash flow comes to $10,745/yr on $55,692 deployed, and return on cash invested reaches 39.2% in year one. Equity gained on principal adds $1,084/yr, and five-year appreciation sums $46,415 alongside rental yield of 14.41%. Five-year ROI measures 207.01% and total cumulative return in cash totals $115,289.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,017/mo property income versus a $822/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2003
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12919, Champlain, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,632 (100%) |
| Owner Occupied HU | 971 (59.5%) |
| Renter Occupied HU | 380 (23.3%) |
| Vacant Housing Units | 281 (17.2%) |
| Median Home Value | $205,569 |
| Average Home Value | $403,167 |
Housing Distribution
Address Breakdown
Residential
1,265
Single Family
1,265
Multi-Family
0
Businesses
260
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amy Provost • Ridgeline Realty Group
Mls Name: ACVMLS
Mls Provider:
Mls ID: #202780
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.