119 N Springhurst DrEast GreenbushNY12061
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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 East Greenbush at 119 N Springhurst Dr, East Greenbush, NY, 12061 generates $3,005/mo in rent, after a $2,521/mo payment. Total monthly income is $3,005/mo. Return on cash invested sits at 16.98% in year one, and rental yield is 7% on a $515,000 entry. Equity gained on principal adds $3,323/yr, while 5% annual appreciation builds toward $142,285 over five years. Five-year ROI reaches 87.77% and total cumulative return in cash sums $148,717. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,005/mo property income rather than buyer’s personal income.
Single Family
Built in 1994
0.29 Acres 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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Listed by: Brent Dinovo • NORTHEAST ADVANTAGE LLC
Mls Name: NY State MLS
Mls ID: #11560580