1003 River RoadSchodack LandingNY12156
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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 Schodack Landing at 1003 River Road, Schodack Landing, NY, 12156 generates $2,212/mo in rent and, after a $1,125/mo payment, leaves $677/mo in cash flow. Total monthly income is $2,212/mo, and annual cash flow is $8,124/yr on $76,212 invested. Return on cash invested sits at 30.57% in year one, and rental yield is 11.55% on a $229,900 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation builds toward $63,517 over five years. Five-year ROI reaches 160.7% and total cumulative return in cash sums $122,471. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,212/mo property income rather than buyer’s personal income.
Single Family
Built in 1840
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12156, Schodack Landing, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 390 (100%) |
| Owner Occupied HU | 279 (71.5%) |
| Renter Occupied HU | 51 (13.1%) |
| Vacant Housing Units | 60 (15.4%) |
| Median Home Value | $278,529 |
| Average Home Value | $324,901 |
Housing Distribution
Address Breakdown
Residential
351
Single Family
351
Multi-Family
0
Businesses
7
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Listed by: Robert M Bradbury • Coldwell Banker Prime Properties
Mls Name: Global MLS
Mls ID: #202527000