6291 State Route 374ChateaugayNY12920
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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 Chateaugay at 6291 State Route 374, Chateaugay, NY, 12920 listed at $249,000 pairs $1,708/mo rent with a $1,219/mo payment to leave $45/mo cash flow. Total monthly income runs $1,708/mo, and annual cash flow reaches $539/yr on $82,544 cash to close. Return on cash invested measures 20.56% in year one, and rental yield registers 8.23% at a $249,000 basis. Equity gained on principal adds $1,607/yr, and annual property appreciation at 5% supports $68,794 by year five. Five-year ROI tracks 106.99% and total cumulative return in cash totals $88,316. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,708/mo property income relative to a $1,219/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1989
4.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12920, Chateaugay, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,421 (100%) |
| Owner Occupied HU | 810 (57.0%) |
| Renter Occupied HU | 191 (13.4%) |
| Vacant Housing Units | 420 (29.6%) |
| Median Home Value | $144,366 |
| Average Home Value | $194,907 |
Housing Distribution
Address Breakdown
Residential
894
Single Family
879
Multi-Family
15
Businesses
65
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Listed by: Edward Legacy • North Country Realty
Mls Name: ACVMLS
Mls ID: #206413