62 Smith StRouses PtNY12979
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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 Rouses Pt at 62 Smith St, Rouses Pt, NY, 12979 offers $2,420/mo rent that, after a $1,199/mo payment, leaves $784/mo cash flow. Total monthly income is $2,420/mo, and annual cash flow is $9,411/yr on $81,184 cash. Return on cash invested measures 31.5% in year one, and rental yield stands at 11.86% at a $244,900 entry. Equity gained on principal adds $1,580/yr while 5% annual appreciation compounds into $67,661 by year five. Five-year ROI records 165.69% and total cumulative return in cash reaches $134,513. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,420/mo property income versus a $1,199/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1875
2.50 Acres lot
$N/A/sqft
No HOA
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Listed by: Jessica Coffman • Fesette Realty, LLC
Mls Name: ACVMLS
Mls Provider:
Mls ID: #202023
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.