142 Altamont RoadAltamontNY12186
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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 Altamont at 142 Altamont Road, Altamont, NY, 12186 offers $3,912/mo rent that, after a $2,887/mo payment. Total monthly income is $3,912/mo. Return on cash invested measures 19.89% in year one, and rental yield stands at 7.96% at a $589,900 entry. Equity gained on principal adds $3,807/yr while 5% annual appreciation compounds into $162,978 by year five. Five-year ROI records 103.39% and total cumulative return in cash reaches $200,661. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,912/mo property income versus a $2,887/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2016
4.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12186, Voorheesville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,865 (100%) |
| Owner Occupied HU | 2,319 (80.9%) |
| Renter Occupied HU | 416 (14.5%) |
| Vacant Housing Units | 130 ( 4.5%) |
| Median Home Value | $390,399 |
| Average Home Value | $456,007 |
Housing Distribution
Address Breakdown
Residential
2,733
Single Family
2,723
Multi-Family
10
Businesses
132
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