1597 State Route 17KMontgomeryNY12549
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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 Montgomery at 1597 State Route 17K, Montgomery, NY, 12549 generates $3,300/mo in rent and, after a $2,202/mo payment, leaves $296/mo in cash flow. Total monthly income is $3,300/mo, and annual cash flow is $3,548/yr on $149,142 invested. Return on cash invested sits at 22.29% in year one, and rental yield is 8.8% on a $449,900 entry. Equity gained on principal adds $2,903/yr, while 5% annual appreciation builds toward $124,299 over five years. Five-year ROI reaches 116.24% and total cumulative return in cash sums $173,362. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,300/mo property income rather than buyer’s personal income.
Single Family
Built in 2008
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12549, Montgomery, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,943 (100%) |
| Owner Occupied HU | 2,918 (74.0%) |
| Renter Occupied HU | 860 (21.8%) |
| Vacant Housing Units | 165 ( 4.2%) |
| Median Home Value | $464,516 |
| Average Home Value | $546,552 |
Housing Distribution
Address Breakdown
Residential
3,811
Single Family
3,683
Multi-Family
128
Businesses
477
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Listed by: Christopher M Ogden • Realty Promotions Inc
Mls Name: OneKey MLS
Mls ID: #941215