76 Moffitt RdPlattsburghNY12901
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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 Plattsburgh at 76 Moffitt Rd, Plattsburgh, NY, 12901 offers $1,824/mo rent that, after a $1,165/mo payment, leaves $235/mo cash flow. Total monthly income is $1,824/mo, and annual cash flow is $2,815/yr on $78,895 cash. Return on cash invested measures 23.48% in year one, and rental yield stands at 9.2% at a $237,995 entry. Equity gained on principal adds $1,536/yr while 5% annual appreciation compounds into $65,754 by year five. Five-year ROI records 122.63% and total cumulative return in cash reaches $96,753. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,824/mo property income versus a $1,165/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
0.43 Acres 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
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Listed by: Brandy McDonald • Century 21 The One
Mls Name: ACVMLS
Mls ID: #206118