9 Meacham StPort HenryNY12974
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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 Port Henry at 9 Meacham St, Port Henry, NY, 12974 priced at $225,000 converts $2,306/mo rent into $804/mo cash flow after a $1,101/mo obligation. Total monthly income equals $2,306/mo, and annual cash flow totals $9,645/yr on $74,588 invested. Return on cash invested prints 32.84% in year one, and rental yield reads 12.3% against a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation compiles into $62,163 by year five. Five-year ROI reaches 172.83% and total cumulative return in cash sums $128,913. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,306/mo property income covering a $1,101/mo payment, not borrower’s personal income.
Single Family
Built in 1993
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12974, Port Henry, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 881 (100%) |
| Owner Occupied HU | 506 (57.4%) |
| Renter Occupied HU | 214 (24.3%) |
| Vacant Housing Units | 161 (18.3%) |
| Median Home Value | $192,500 |
| Average Home Value | $204,125 |
Housing Distribution
Address Breakdown
Residential
650
Single Family
627
Multi-Family
23
Businesses
61
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Listed by: Lisa LaPorte • Century 21 The One
Mls Name: ACVMLS
Mls Provider:
Mls ID: #202935
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.