48 Maryland RdPlattsburghNY12903
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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 Plattsburgh at 48 Maryland Rd, Plattsburgh, NY, 12903 offers $1,699/mo rent that, after a $1,223/mo payment. Total monthly income is $1,699/mo. Return on cash invested measures 16.8% in year one, and rental yield stands at 8.16% at a $249,900 entry. Equity gained on principal adds $1,613/yr while 5% annual appreciation compounds into $69,043 by year five. Five-year ROI records 88.13% and total cumulative return in cash reaches $73,010. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,699/mo property income versus a $1,223/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1952
N/A lot
$N/A/sqft
$245 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12903, Plattsburgh, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,092 (100%) |
| Owner Occupied HU | 517 (47.3%) |
| Renter Occupied HU | 486 (44.5%) |
| Vacant Housing Units | 89 ( 8.2%) |
| Median Home Value | $173,355 |
| Average Home Value | $223,883 |
Housing Distribution
Address Breakdown
Residential
1,012
Single Family
1,010
Multi-Family
2
Businesses
120
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Listed by: Heather Courneene • Donald Duley & Associates
Mls Name: ACVMLS
Mls Provider:
Mls ID: #204033
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.