15 Forest Hills BoulevardRensselaerNY12144
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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 Rensselaer at 15 Forest Hills Boulevard, Rensselaer, NY, 12144 priced at $1,625,890 converts $1,952/mo rent into after a $7,958/mo obligation. Total monthly income equals $1,952/mo. Return on cash invested prints 0.08% in year one, and rental yield reads 1.44% against a $1,625,890 entry. Equity gained on principal adds $10,492/yr, while 5% annual appreciation compiles into $449,203 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,952/mo property income covering a $7,958/mo payment, not borrower’s personal income.
Single Family
Built in N/A
5.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12144, Rensselaer, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,229 (100%) |
| Owner Occupied HU | 5,496 (53.7%) |
| Renter Occupied HU | 3,993 (39.0%) |
| Vacant Housing Units | 740 ( 7.2%) |
| Median Home Value | $271,764 |
| Average Home Value | $287,042 |
Housing Distribution
Address Breakdown
Residential
9,635
Single Family
8,324
Multi-Family
1,311
Businesses
572
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Nearby investment properties with comparable prices
Listed by: Sarah Trojanoski • Sterling Real Estate Group
Mls Name: Global MLS
Mls ID: #202523645