59 Stone 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
Rental property for sale in Port Henry at 59 Stone Street, Port Henry, NY, 12974 priced at $135,000 pairs $1,026/mo rent with $124/mo cash flow after a $661/mo payment. Total monthly income equals $1,026/mo, and annual cash flow comes to $1,491/yr on $44,753 invested. Return on cash invested is 23.24% in year one, and rental yield stands at 9.12% on a $135,000 basis. Equity gained on principal adds $871/yr, and 5% annual appreciation accumulates to $37,298 by year five. Five-year ROI measures 121.44% and total cumulative return in cash reaches $54,349. For financing, Ziffy Mortgage’s DSCR program evaluates $1,026/mo property income against a $661/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1880
0.90 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: Kelly Lane • Brannock Properties
Mls Name: Global MLS
Mls ID: #202530069