15 Stirrup DriveEast GreenbushNY12061
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 East Greenbush at 15 Stirrup Drive, East Greenbush, NY, 12061 generates $2,540/mo in rent and, after a $1,566/mo payment, leaves $403/mo in cash flow. Total monthly income is $2,540/mo, and annual cash flow is $4,840/yr on $106,080 invested. Return on cash invested sits at 24.47% in year one, and rental yield is 9.53% on a $320,000 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 127.98% and total cumulative return in cash sums $135,759. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,540/mo property income rather than buyer’s personal income.
Townhouse
Built in 1985
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12061, East Greenbush, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,206 (100%) |
| Owner Occupied HU | 2,686 (63.9%) |
| Renter Occupied HU | 1,334 (31.7%) |
| Vacant Housing Units | 186 ( 4.4%) |
| Median Home Value | $339,463 |
| Average Home Value | $375,370 |
Housing Distribution
Address Breakdown
Residential
3,978
Single Family
3,294
Multi-Family
684
Businesses
326
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lindon Paul • Real Broker NY LLC
Mls Name: Global MLS
Mls ID: #202530744