51 Spring StreetPort HenryNY12974
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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
Total monthly income runs $2,060/mo, and a $1,615/mo payment. Purchase price stands at $329,900, and rental yield measures 7.49% with $2,060/mo rent. Return on cash invested shows 18.34% in year one, and 5% annual appreciation builds toward $91,145 over five years. Five-year ROI reaches 95.06% and total cumulative return in cash records $103,959. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,060/mo property income covering a $1,615/mo payment rather than investor’s personal income.
Single Family
Built in 1910
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12974, Port Henry, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 881 (100%) |
| Owner Occupied HU | 506 (57.4%) |
| Renter Occupied HU | 214 (24.3%) |
| Vacant Housing Units | 161 (18.3%) |
| Median Home Value | $192,500 |
| Average Home Value | $204,125 |
Housing Distribution
Address Breakdown
Residential
650
Single Family
627
Multi-Family
23
Businesses
61
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Listed by: Casey King • Julie & Co Realty LLC
Mls Name: Global MLS
Mls ID: #202526232