7684 Route 22West ChazyNY12992
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
Investment Highlights
Investment property for sale in West Chazy at 7684 Route 22, West Chazy, NY, 12992 uses $61,991 cash to close to unlock $18,234/yr annual cash flow and $1,520/mo monthly cash flow. Total monthly income runs $2,768/mo, and a $915/mo payment keeps the spread at $1,520/mo. Purchase price stands at $187,000, and rental yield measures 17.76% with $2,768/mo rent. Return on cash invested shows 49.32% in year one, and 5% annual appreciation builds toward $51,665 over five years. Five-year ROI reaches 261.24% and total cumulative return in cash records $161,946. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,768/mo property income covering a $915/mo payment rather than investor’s personal income.
Single Family
Built in 1908
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12992, West Chazy, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,101 (100%) |
| Owner Occupied HU | 1,560 (74.3%) |
| Renter Occupied HU | 294 (14.0%) |
| Vacant Housing Units | 247 (11.8%) |
| Median Home Value | $225,538 |
| Average Home Value | $249,072 |
Housing Distribution
Address Breakdown
Residential
1,978
Single Family
1,960
Multi-Family
18
Businesses
46
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kira Witherwax • RE/MAX North Country
Mls Name: ACVMLS
Mls Provider:
Mls ID: #202377
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.