99 Maine RdPlattsburghNY12903
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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 Plattsburgh at 99 Maine Rd, Plattsburgh, NY, 12903 priced at $289,995 converts $2,627/mo rent into $441/mo cash flow after a $1,419/mo obligation. Total monthly income equals $2,627/mo, and annual cash flow totals $5,290/yr on $96,133 invested. Return on cash invested prints 25.41% in year one, and rental yield reads 10.87% against a $289,995 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation compiles into $80,120 by year five. Five-year ROI reaches 134.13% and total cumulative return in cash sums $128,943. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,627/mo property income covering a $1,419/mo payment, not borrower’s personal income.
Townhouse
Built in 1952
435.60 sqft lot
$N/A/sqft
$250 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12903, Plattsburgh, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,092 (100%) |
| Owner Occupied HU | 517 (47.3%) |
| Renter Occupied HU | 486 (44.5%) |
| Vacant Housing Units | 89 ( 8.2%) |
| Median Home Value | $173,355 |
| Average Home Value | $223,883 |
Housing Distribution
Address Breakdown
Residential
1,012
Single Family
1,010
Multi-Family
2
Businesses
120
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Listed by: Brandy McDonald • Century 21 The One
Mls Name: ACVMLS
Mls Provider:
Mls ID: #204732
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.