7711 Nys Route 9nElizabethtownNY12932
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid fundamentals define the investment case at 7711 Nys Route 9n, Elizabethtown, NY, 12932 in Elizabethtown: $1,874/mo in rent, $405/mo in net income, 10.22% gross yield, 1.89 DSCR, all at $219,999. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $60,782 in appreciation and $2,026/yr in principal paydown projects total cumulative return of $109,970.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.2% | 6.2% |
| Monthly Cash Flow | $405 | $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 | $1,874 |
| Total Monthly Debt Service | $1,382 |
| DSCR Ratio | 1.36x |
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 1972
0.45 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
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 1972
0.45 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jodi Downs • Hearthside Realty, LLC
Mls Name: ACVMLS
Mls Provider:
Mls ID: #202793
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.