523 Fee RdMooersNY12958
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
Rental property for sale in Mooers at 523 Fee Rd, Mooers, NY, 12958 offers $2,765/mo rent that, after a $734/mo payment, leaves $1,764/mo cash flow. Total monthly income is $2,765/mo, and annual cash flow is $21,164/yr on $49,692 cash. Return on cash invested measures 62.5% in year one, and rental yield stands at 22.13% at a $149,900 entry. Equity gained on principal adds $967/yr while 5% annual appreciation compounds into $41,415 by year five. Five-year ROI records 331.92% and total cumulative return in cash reaches $164,939. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,765/mo property income versus a $734/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1890
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12958, Mooers, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 919 (100%) |
| Owner Occupied HU | 691 (75.2%) |
| Renter Occupied HU | 148 (16.1%) |
| Vacant Housing Units | 80 ( 8.7%) |
| Median Home Value | $199,038 |
| Average Home Value | $211,491 |
Housing Distribution
Address Breakdown
Residential
734
Single Family
722
Multi-Family
12
Businesses
32
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Listed by: Amy Provost • Ridgeline Realty Group
Mls Name: ACVMLS
Mls Provider:
Mls ID: #202806
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.