1 Morrison LnLathamNY12110
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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 Latham at 1 Morrison Ln, Latham, NY, 12110 uses $58,013 cash to close to unlock $8,987/yr annual cash flow and $749/mo monthly cash flow. Total monthly income runs $1,918/mo, and a $857/mo payment keeps the spread at $749/mo. Purchase price stands at $175,000, and rental yield measures 13.15% with $1,918/mo rent. Return on cash invested shows 35.4% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 186.57% and total cumulative return in cash records $108,235. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,918/mo property income covering a $857/mo payment rather than investor’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12110, Latham, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,681 (100%) |
| Owner Occupied HU | 5,852 (67.4%) |
| Renter Occupied HU | 2,333 (26.9%) |
| Vacant Housing Units | 496 ( 5.7%) |
| Median Home Value | $353,860 |
| Average Home Value | $420,764 |
Housing Distribution
Address Breakdown
Residential
8,650
Single Family
8,047
Multi-Family
603
Businesses
1,521
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