7372 Us Highway 9ElizabethtownNY12932
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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 Elizabethtown at 7372 Us Highway 9, Elizabethtown, NY, 12932 offers a 14.47% rental yield on a $199,000 purchase with $2,400/mo rent. Total monthly income registers $2,400/mo, and a $974/mo payment leaves $1,071/mo available for distribution. Annual cash flow reaches $12,853/yr on $65,969 to close, and return on cash invested stands at 39.39% in year one. Equity gained on principal adds $1,284/yr while 5% annual appreciation supports $54,980 over five years. Portfolio math shows five-year ROI at 208.04% and total cumulative return in cash at $137,238. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,400/mo property income against a $974/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12932, Elizabethtown, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 846 (100%) |
| Owner Occupied HU | 476 (56.3%) |
| Renter Occupied HU | 146 (17.3%) |
| Vacant Housing Units | 224 (26.5%) |
| Median Home Value | $240,385 |
| Average Home Value | $338,613 |
Housing Distribution
Address Breakdown
Residential
320
Single Family
308
Multi-Family
12
Businesses
78
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Listed by: Barbara Supernault • Country Road Realty
Mls Name: ACVMLS
Mls Provider:
Mls ID: #203373
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.