134 Black Forest RoadGlen SpeyNY12737
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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 Glen Spey at 134 Black Forest Road, Glen Spey, NY, 12737 offers a 9.83% rental yield on a $410,000 purchase with $3,360/mo rent. Total monthly income registers $3,360/mo, and a $2,007/mo payment leaves $622/mo available for distribution. Annual cash flow reaches $7,462/yr on $135,915 to close, and return on cash invested stands at 25.4% in year one. Equity gained on principal adds $2,646/yr while 5% annual appreciation supports $113,275 over five years. Portfolio math shows five-year ROI at 132.92% and total cumulative return in cash at $180,659. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,360/mo property income against a $2,007/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1981
5.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12737, Glen Spey, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,238 (100%) |
| Owner Occupied HU | 654 (52.8%) |
| Renter Occupied HU | 108 ( 8.7%) |
| Vacant Housing Units | 476 (38.4%) |
| Median Home Value | $341,699 |
| Average Home Value | $379,190 |
Housing Distribution
Address Breakdown
Residential
731
Single Family
697
Multi-Family
34
Businesses
43
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