508 Ashley RdWest ChazyNY12992
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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
Investment property for sale in West Chazy at 508 Ashley Rd, West Chazy, NY, 12992 with 5% annual appreciation on a $339,000 basis while $0/mo rent supports operations. 26% in year one. Equity gained on principal adds $2,188/yr, and five-year appreciation sums $93,659 alongside rental yield of 0%. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $0/mo property income versus a $1,659/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1977
7.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12992, West Chazy, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,101 (100%) |
| Owner Occupied HU | 1,560 (74.3%) |
| Renter Occupied HU | 294 (14.0%) |
| Vacant Housing Units | 247 (11.8%) |
| Median Home Value | $225,538 |
| Average Home Value | $249,072 |
Housing Distribution
Address Breakdown
Residential
1,978
Single Family
1,960
Multi-Family
18
Businesses
46
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Listed by: Nadim Dergham • Coldwell Banker Whitbeck Assoc. Plattsburgh
Mls Name: ACVMLS
Mls ID: #206403