6447 Main StWestportNY12993
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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 Westport at 6447 Main St, Westport, NY, 12993 offers $3,501/mo rent that, after a $2,912/mo payment. Total monthly income is $3,501/mo. Return on cash invested measures 17.17% in year one, and rental yield stands at 7.06% at a $595,000 entry. Equity gained on principal adds $3,839/yr while 5% annual appreciation compounds into $164,388 by year five. Five-year ROI records 88.74% and total cumulative return in cash reaches $173,714. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,501/mo property income versus a $2,912/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1835
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12993, Westport, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,235 (100%) |
| Owner Occupied HU | 622 (50.4%) |
| Renter Occupied HU | 168 (13.6%) |
| Vacant Housing Units | 445 (36.0%) |
| Median Home Value | $325,161 |
| Average Home Value | $350,004 |
Housing Distribution
Address Breakdown
Residential
573
Single Family
573
Multi-Family
0
Businesses
64
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Listed by: John La Selva • Venture North Associates
Mls Name: ACVMLS
Mls Provider:
Mls ID: #201473
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.