61 Mohawk StreetFort PlainNY13339
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
Investment property for sale in Fort Plain at 61 Mohawk Street, Fort Plain, NY, 13339 offers a 9.58% rental yield on a $169,000 purchase with $1,349/mo rent. Total monthly income registers $1,349/mo, and a $827/mo payment leaves $221/mo available for distribution. Annual cash flow reaches $2,647/yr on $56,024 to close, and return on cash invested stands at 24.63% in year one. Equity gained on principal adds $1,091/yr while 5% annual appreciation supports $46,692 over five years. Portfolio math shows five-year ROI at 128.85% and total cumulative return in cash at $72,187. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,349/mo property income against a $827/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1860
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13339, Fort Plain, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,768 (100%) |
| Owner Occupied HU | 1,763 (63.7%) |
| Renter Occupied HU | 648 (23.4%) |
| Vacant Housing Units | 357 (12.9%) |
| Median Home Value | $133,053 |
| Average Home Value | $195,156 |
Housing Distribution
Address Breakdown
Residential
2,596
Single Family
2,560
Multi-Family
36
Businesses
146
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Listed by: Sarah Davidson • Krutz Properties, LLC
Mls Name: Global MLS
Mls ID: #202521552