15 Glenwood TerraceAverill ParkNY12018
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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 Averill Park at 15 Glenwood Terrace, Averill Park, NY, 12018 priced at $750,000 pairs $5,693/mo rent with $685/mo cash flow after a $3,671/mo payment. Total monthly income equals $5,693/mo, and annual cash flow comes to $8,214/yr on $246,750 invested. Return on cash invested is 23.39% in year one, and rental yield stands at 9.11% on a $750,000 basis. Equity gained on principal adds $4,840/yr, and 5% annual appreciation accumulates to $207,211 by year five. Five-year ROI measures 122.12% and total cumulative return in cash reaches $301,326. For financing, Ziffy Mortgage’s DSCR program evaluates $5,693/mo property income against a $3,671/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1993
19.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12018, Averill Park, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,597 (100%) |
| Owner Occupied HU | 2,676 (74.4%) |
| Renter Occupied HU | 532 (14.8%) |
| Vacant Housing Units | 389 (10.8%) |
| Median Home Value | $350,461 |
| Average Home Value | $386,443 |
Housing Distribution
Address Breakdown
Residential
3,116
Single Family
3,116
Multi-Family
0
Businesses
98
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Listed by: Irene A Kulbida • Vera Cohen Realty, LLC
Mls Name: Global MLS
Mls ID: #202611068