6301 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 6301 State Route 374, Chateaugay, NY, 12920 uses $35,139 cash to close to unlock $1,296/yr annual cash flow and $108/mo monthly cash flow. Total monthly income runs $816/mo, and a $519/mo payment keeps the spread at $108/mo. Purchase price stands at $106,000, and rental yield measures 9.24% with $816/mo rent. Return on cash invested shows 23.6% in year one, and 5% annual appreciation builds toward $29,286 over five years. Five-year ROI reaches 123.26% and total cumulative return in cash records $43,312. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $816/mo property income covering a $519/mo payment rather than investor’s personal income.
Single Family
Built in 1975
0.56 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 Provider:
Mls ID: #204979
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.