15 Highview WayMechanicvilleNY12118
Nearby investment properties with comparable rents
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 Mechanicville at 15 Highview Way, Mechanicville, NY, 12118 offers $4,286/mo rent that, after a $3,670/mo payment. Total monthly income is $4,286/mo. Return on cash invested measures 15.43% in year one, and rental yield stands at 6.86% at a $749,900 entry. Equity gained on principal adds $4,839/yr while 5% annual appreciation compounds into $207,184 by year five. Five-year ROI records 79.85% and total cumulative return in cash reaches $197,014. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,286/mo property income versus a $3,670/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
10,454 sqft lot
$N/A/sqft
$230 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12118, Mechanicville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,358 (100%) |
| Owner Occupied HU | 5,056 (54.0%) |
| Renter Occupied HU | 3,460 (37.0%) |
| Vacant Housing Units | 842 ( 9.0%) |
| Median Home Value | $388,614 |
| Average Home Value | $445,691 |
Housing Distribution
Address Breakdown
Residential
7,595
Single Family
7,330
Multi-Family
265
Businesses
282
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Listed by: Jennifer L Fortune • Fortune Realty Group, LLC
Mls Name: Global MLS
Mls Provider:
Mls ID: #202516006
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Judy Moriarty, Zillow, Inc., Corp. Broker