129 Cranston Hill RdStephentownNY12168
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 Stephentown at 129 Cranston Hill Rd, Stephentown, NY, 12168 priced at $314,900 converts $6,544/mo rent into $4,441/mo cash flow after a $1,541/mo obligation. Total monthly income equals $6,544/mo, and annual cash flow totals $53,297/yr on $104,389 invested. Return on cash invested prints 70.97% in year one, and rental yield reads 24.94% against a $314,900 entry. Equity gained on principal adds $2,032/yr, while 5% annual appreciation compiles into $87,001 by year five. Five-year ROI reaches 377.28% and total cumulative return in cash sums $393,838. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,544/mo property income covering a $1,541/mo payment, not borrower’s personal income.
Single Family
Built in 1830
11.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12168, Stephentown, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 968 (100%) |
| Owner Occupied HU | 622 (64.3%) |
| Renter Occupied HU | 155 (16.0%) |
| Vacant Housing Units | 191 (19.7%) |
| Median Home Value | $293,548 |
| Average Home Value | $307,926 |
Housing Distribution
Address Breakdown
Residential
703
Single Family
702
Multi-Family
1
Businesses
40
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Nearby investment properties with comparable prices
Listed by: Thomas Cafarella • Cameron Real Estate Group
Mls Name: My State MLS
Mls ID: #11334076