1005 Rockport CourtEast GreenbushNY12061
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 1005 Rockport Court, East Greenbush, NY, 12061 in East Greenbush. Priced at $159,900, it generates $1,964/mo in gross rent and $896/mo in net monthly cash flow, a 14.74% yield that comfortably supports the 2.59 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $10,755. Five-year appreciation: $44,177. Equity from principal paydown: $1,340/yr. Total projected cumulative return: $115,655.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 14.7% | 6.2% |
| Monthly Cash Flow | $896 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,964 |
| Total Monthly Debt Service | $1,043 |
| DSCR Ratio | 1.88x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12061, East Greenbush, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,206 (100%) |
| Owner Occupied HU | 2,686 (63.9%) |
| Renter Occupied HU | 1,334 (31.7%) |
| Vacant Housing Units | 186 ( 4.4%) |
| Median Home Value | $339,463 |
| Average Home Value | $375,370 |
Housing Distribution
Address Breakdown
Residential
3,978
Single Family
3,294
Multi-Family
684
Businesses
326
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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
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Listed by: Todd A Drake • Empire Real Estate Managment LLC
Mls Name: Global MLS
Mls ID: #202530875
