9 Pine Crest LnMooers ForksNY12959
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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 Mooers Forks at 9 Pine Crest Ln, Mooers Forks, NY, 12959 priced at $310,000 converts $0/mo rent into after a $1,517/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -4.26% in year one, and rental yield reads 0% against a $310,000 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation compiles into $85,647 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $1,517/mo payment, not borrower’s personal income.
Single Family
Built in 2004
2.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12959, Mooers Forks, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 634 (100%) |
| Owner Occupied HU | 427 (67.4%) |
| Renter Occupied HU | 95 (15.0%) |
| Vacant Housing Units | 112 (17.7%) |
| Median Home Value | $215,051 |
| Average Home Value | $209,930 |
Housing Distribution
Address Breakdown
Residential
564
Single Family
564
Multi-Family
0
Businesses
6
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Gaelan Trombley • Kavanaugh Realty-Plattsburgh
Mls Name: ACVMLS
Mls Provider:
Mls ID: #202433
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.