66 State 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
Investment property for sale in Rouses Pt at 66 State St, Rouses Pt, NY, 12979 listed at $155,000 pairs $1,244/mo rent with a $759/mo payment to leave $209/mo cash flow. Total monthly income runs $1,244/mo, and annual cash flow reaches $2,503/yr on $51,383 cash to close. Return on cash invested measures 24.78% in year one, and rental yield registers 9.63% at a $155,000 basis. Equity gained on principal adds $1,000/yr, and annual property appreciation at 5% supports $42,824 by year five. Five-year ROI tracks 129.67% and total cumulative return in cash totals $66,628. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,244/mo property income relative to a $759/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1880
6,969 sqft lot
$N/A/sqft
No HOA
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Listed by: Nicholas Buccellato • RE/MAX North Country
Mls Name: ACVMLS
Mls Provider:
Mls ID: #203543
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.