8 Stone Arabia StFort PlainNY13339
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 Fort Plain at 8 Stone Arabia St, Fort Plain, NY, 13339 offers a 66.49% rental yield on a $104,504 purchase with $5,790/mo rent. Total monthly income registers $5,790/mo, and a $511/mo payment leaves $5,093/mo available for distribution. Annual cash flow reaches $61,112/yr on $34,643 to close, and return on cash invested stands at 196.31% in year one. Equity gained on principal adds $674/yr while 5% annual appreciation supports $28,873 over five years. Portfolio math shows five-year ROI at 1049.46% and total cumulative return in cash at $363,566. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,790/mo property income against a $511/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in N/A
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13339, Fort Plain, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,768 (100%) |
| Owner Occupied HU | 1,763 (63.7%) |
| Renter Occupied HU | 648 (23.4%) |
| Vacant Housing Units | 357 (12.9%) |
| Median Home Value | $133,053 |
| Average Home Value | $195,156 |
Housing Distribution
Address Breakdown
Residential
2,596
Single Family
2,560
Multi-Family
36
Businesses
146
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Megan Haggerty • IRE INVESTMENTS
Mls Name: My State MLS
Mls ID: #11261973