9 Valley DrivePlattsburghNY12901
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 Plattsburgh at 9 Valley Drive, Plattsburgh, NY, 12901 uses $56,024 cash to close to unlock $14,683/yr annual cash flow and $1,224/mo monthly cash flow. Total monthly income runs $2,352/mo, and a $827/mo payment keeps the spread at $1,224/mo. Purchase price stands at $169,000, and rental yield measures 16.7% with $2,352/mo rent. Return on cash invested shows 46.12% in year one, and 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 244.07% and total cumulative return in cash records $136,735. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,352/mo property income covering a $827/mo payment rather than investor’s personal income.
Manufactured
Built in 1990
0.50 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Derek Greene • The Greene Realty Group
Mls Name: Global MLS
Mls Provider:
Mls ID: #202425518
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Judy Moriarty, Zillow, Inc., Corp. Broker