101 Meadowbrook DriveSlingerlandsNY12159
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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 Slingerlands at 101 Meadowbrook Drive, Slingerlands, NY, 12159 generates $2,195/mo in rent and, after a $1,468/mo payment, leaves $192/mo in cash flow. Total monthly income is $2,195/mo, and annual cash flow is $2,304/yr on $99,450 invested. Return on cash invested sits at 22.23% in year one, and rental yield is 8.78% on a $300,000 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 115.9% and total cumulative return in cash sums $115,260. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,195/mo property income rather than buyer’s personal income.
Townhouse
Built in 1985
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12159, Slingerlands, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,847 (100%) |
| Owner Occupied HU | 2,280 (59.3%) |
| Renter Occupied HU | 1,283 (33.4%) |
| Vacant Housing Units | 284 ( 7.4%) |
| Median Home Value | $464,794 |
| Average Home Value | $494,284 |
Housing Distribution
Address Breakdown
Residential
3,807
Single Family
3,189
Multi-Family
618
Businesses
192
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Listed by: Michael Keefrider • Coldwell Banker Prime Properties
Mls Name: Global MLS
Mls Provider:
Mls ID: #202520606
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