840 Durand 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
Investment property for sale in Plattsburgh at 840 Durand Rd, Plattsburgh, NY, 12901 with 5% annual appreciation on a $349,900 basis while $2,694/mo rent supports operations. Total monthly income totals $2,694/mo and a $1,713/mo payment preserves $357/mo for cash returns. Annual cash flow comes to $4,284/yr on $115,992 deployed, and return on cash invested reaches 23.6% in year one. Equity gained on principal adds $2,258/yr, and five-year appreciation sums $96,671 alongside rental yield of 9.24%. Five-year ROI measures 123.32% and total cumulative return in cash totals $143,046.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,694/mo property income versus a $1,713/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1993
5 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: Kenna Felio • Real Brokers NY, LLC
Mls Name: ACVMLS
Mls ID: #205149