1337 2nd AvenueWatervlietNY12189
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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
Investment property for sale in Watervliet at 1337 2nd Avenue, Watervliet, NY, 12189 listed at $129,900 pairs $1,616/mo rent with a $636/mo payment to leave $748/mo cash flow. Total monthly income runs $1,616/mo, and annual cash flow reaches $8,980/yr on $43,062 cash to close. Return on cash invested measures 40.76% in year one, and rental yield registers 14.93% at a $129,900 basis. Equity gained on principal adds $838/yr, and annual property appreciation at 5% supports $35,889 by year five. Five-year ROI tracks 215.4% and total cumulative return in cash totals $92,755. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,616/mo property income relative to a $636/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1894
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12189, Watervliet, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,790 (100%) |
| Owner Occupied HU | 3,430 (35.0%) |
| Renter Occupied HU | 5,471 (55.9%) |
| Vacant Housing Units | 889 ( 9.1%) |
| Median Home Value | $277,740 |
| Average Home Value | $341,647 |
Housing Distribution
Address Breakdown
Residential
8,859
Single Family
6,838
Multi-Family
2,021
Businesses
330
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Listed by: Thomas R Trevett • Trevett Group LLC
Mls Name: Global MLS
Mls ID: #202528596