112 Springhollow DriveCohoesNY12047
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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 Cohoes at 112 Springhollow Drive, Cohoes, NY, 12047 offers $1,742/mo rent that, after a $1,273/mo payment, leaves $5/mo cash flow. Total monthly income is $1,742/mo, and annual cash flow is $64/yr on $86,190 cash. Return on cash invested measures 19.98% in year one, and rental yield stands at 8.04% at a $260,000 entry. Equity gained on principal adds $1,678/yr while 5% annual appreciation compounds into $71,833 by year five. Five-year ROI records 103.91% and total cumulative return in cash reaches $89,561. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,742/mo property income versus a $1,273/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1974
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12047, Cohoes, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,243 (100%) |
| Owner Occupied HU | 4,698 (38.4%) |
| Renter Occupied HU | 6,301 (51.5%) |
| Vacant Housing Units | 1,244 (10.2%) |
| Median Home Value | $268,929 |
| Average Home Value | $327,651 |
Housing Distribution
Address Breakdown
Residential
10,561
Single Family
9,799
Multi-Family
762
Businesses
449
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Listed by: Bondi Jones Team • Hunt ERA
Mls Name: Global MLS
Mls Provider:
Mls ID: #202514729
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