11 N Montgomery StreetAthensNY12015
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Athens at 11 N Montgomery Street, Athens, NY, 12015 priced at $239,900 pairs $1,659/mo rent with $57/mo cash flow after a $1,174/mo payment. Total monthly income equals $1,659/mo, and annual cash flow comes to $686/yr on $79,527 invested. Return on cash invested is 20.77% in year one, and rental yield stands at 8.3% on a $239,900 basis. Equity gained on principal adds $1,548/yr, and 5% annual appreciation accumulates to $66,280 by year five. Five-year ROI measures 108.15% and total cumulative return in cash reaches $86,011. For financing, Ziffy Mortgage’s DSCR program evaluates $1,659/mo property income against a $1,174/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1800
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12015, Athens, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,229 (100%) |
| Owner Occupied HU | 1,314 (59.0%) |
| Renter Occupied HU | 315 (14.1%) |
| Vacant Housing Units | 600 (26.9%) |
| Median Home Value | $322,251 |
| Average Home Value | $391,429 |
Housing Distribution
Address Breakdown
Residential
1,706
Single Family
1,674
Multi-Family
32
Businesses
98
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