516 Prospect StChamplainNY12919
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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 Champlain at 516 Prospect St, Champlain, NY, 12919 at $232,500 posts ROI 7.88% with from $780/mo rent. Total monthly income equals $780/mo. Return on cash invested measures 7.88% and rental yield reads 4.03% at the current $232,500. Equity gained on principal adds $1,500/yr, and 5% annual appreciation supports $64,235 by year five. Five-year ROI prints 39.02% and total cumulative return in cash totals $30,072. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $780/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1973
1.80 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
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Listed by: Gaelan Trombley • Kavanaugh Realty-Plattsburgh
Mls Name: ACVMLS
Mls Provider:
Mls ID: #201364
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.