7 Alana WayPlattsburghNY12903
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 7 Alana Way, Plattsburgh, NY, 12903 in Plattsburgh at $209,000 earns $1,484/mo in rent and nets $88/mo after the $940/mo payment, a 8.52% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $57,743 over five years. Ziffy Mortgage underwrites this on a 1.58 DSCR without U.S. credit history. With $1,925/yr in principal paydown, total projected return reaches $85,406.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 6.2% |
| Monthly Cash Flow | $88 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,484 |
| Total Monthly Debt Service | $1,313 |
| DSCR Ratio | 1.13x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1952
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12903, Plattsburgh, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,092 (100%) |
| Owner Occupied HU | 517 (47.3%) |
| Renter Occupied HU | 486 (44.5%) |
| Vacant Housing Units | 89 ( 8.2%) |
| Median Home Value | $173,355 |
| Average Home Value | $223,883 |
Housing Distribution
Address Breakdown
Residential
1,012
Single Family
1,010
Multi-Family
2
Businesses
120
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
Townhouse
Built in 1952
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12903, Plattsburgh, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,092 (100%) |
| Owner Occupied HU | 517 (47.3%) |
| Renter Occupied HU | 486 (44.5%) |
| Vacant Housing Units | 89 ( 8.2%) |
| Median Home Value | $173,355 |
| Average Home Value | $223,883 |
Housing Distribution
Address Breakdown
Residential
1,012
Single Family
1,010
Multi-Family
2
Businesses
120
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Scott Tetreault • Century 21 The One
Mls Name: ACVMLS
Mls ID: #206212