64 Elm StPlattsburghNY12901
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 Plattsburgh at 64 Elm St, Plattsburgh, NY, 12901 uses $76,245 cash to close to unlock $5,386/yr annual cash flow and $449/mo monthly cash flow. Total monthly income runs $1,985/mo, and a $1,126/mo payment keeps the spread at $449/mo. Purchase price stands at $230,000, and rental yield measures 10.36% with $1,985/mo rent. Return on cash invested shows 26.97% in year one, and 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 141.36% and total cumulative return in cash records $107,779. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,985/mo property income covering a $1,126/mo payment rather than investor’s personal income.
Single Family
Built in 1955
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12901, Plattsburgh, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,633 (100%) |
| Owner Occupied HU | 7,410 (47.4%) |
| Renter Occupied HU | 6,668 (42.7%) |
| Vacant Housing Units | 1,555 ( 9.9%) |
| Median Home Value | $223,057 |
| Average Home Value | $266,878 |
Housing Distribution
Address Breakdown
Residential
14,276
Single Family
13,116
Multi-Family
1,160
Businesses
1,684
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Hannah Wilson • Century 21 The One
Mls Name: ACVMLS
Mls ID: #205658