72 Lafayette StPlattsburghNY12901
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 72 Lafayette St, Plattsburgh, NY, 12901 in Plattsburgh speaks for itself: 18.6% gross on a $160,000 price, generating $2,480/mo in rent and $1,412/mo in net income after the $719/mo debt service. DSCR 3.45, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $16,943 stacks alongside $44,205 in projected five-year appreciation and $1,474/yr in principal reduction. Projected total cumulative return: $151,900.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 18.6% | 6.2% |
| Monthly Cash Flow | $1,412 | $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 | $2,480 |
| Total Monthly Debt Service | $1,005 |
| DSCR Ratio | 2.47x |
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.
Single Family
Built in 1880
3,049 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
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
Single Family
Built in 1880
3,049 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