1320 River RdSchodack LandingNY12156
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 Schodack Landing at 1320 River Rd, Schodack Landing, NY, 12156 priced at $275,000 converts $1,904/mo rent into $68/mo cash flow after a $1,346/mo obligation. Total monthly income equals $1,904/mo, and annual cash flow totals $811/yr on $91,163 invested. Return on cash invested prints 20.8% in year one, and rental yield reads 8.31% against a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation compiles into $75,977 by year five. Five-year ROI reaches 108.28% and total cumulative return in cash sums $98,711. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,904/mo property income covering a $1,346/mo payment, not borrower’s personal income.
Lot
Built in N/A
59.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12156, Schodack Landing, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 390 (100%) |
| Owner Occupied HU | 279 (71.5%) |
| Renter Occupied HU | 51 (13.1%) |
| Vacant Housing Units | 60 (15.4%) |
| Median Home Value | $278,529 |
| Average Home Value | $324,901 |
Housing Distribution
Address Breakdown
Residential
351
Single Family
351
Multi-Family
0
Businesses
7
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Listed by: Alexandria Mickle • Four Seasons Sotheby's Int.
Mls Name: Columbia Greene Northern Dutchess MLS
Mls Provider:
Mls ID: #154752
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