1016 County Highway 138BroadalbinNY12025
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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 Broadalbin at 1016 County Highway 138, Broadalbin, NY, 12025 listed at $255,000 pairs $2,188/mo rent with a $1,248/mo payment to leave $485/mo cash flow. Total monthly income runs $2,188/mo, and annual cash flow reaches $5,823/yr on $84,533 cash to close. Return on cash invested measures 26.8% in year one, and rental yield registers 10.3% at a $255,000 basis. Equity gained on principal adds $1,645/yr, and annual property appreciation at 5% supports $70,452 by year five. Five-year ROI tracks 140.48% and total cumulative return in cash totals $118,748. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,188/mo property income relative to a $1,248/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1930
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12025, Broadalbin, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,193 (100%) |
| Owner Occupied HU | 1,947 (61.0%) |
| Renter Occupied HU | 404 (12.7%) |
| Vacant Housing Units | 842 (26.4%) |
| Median Home Value | $265,086 |
| Average Home Value | $317,835 |
Housing Distribution
Address Breakdown
Residential
2,217
Single Family
2,217
Multi-Family
0
Businesses
118
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Nearby investment properties with comparable prices
Listed by: Allison Bayly-Cassidy • Heer Realty, Inc.
Mls Name: Global MLS
Mls ID: #202529524