16 Beach RoadGlen SpeyNY12737
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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
Investment property for sale in Glen Spey at 16 Beach Road, Glen Spey, NY, 12737 listed at $309,900 pairs $1,919/mo rent with a $1,517/mo payment. Total monthly income runs $1,919/mo. Return on cash invested measures 18.15% in year one, and rental yield registers 7.43% at a $309,900 basis. Equity gained on principal adds $2,000/yr, and annual property appreciation at 5% supports $85,620 by year five. Five-year ROI tracks 94.08% and total cumulative return in cash totals $96,648. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,919/mo property income relative to a $1,517/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12737, Glen Spey, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,238 (100%) |
| Owner Occupied HU | 654 (52.8%) |
| Renter Occupied HU | 108 ( 8.7%) |
| Vacant Housing Units | 476 (38.4%) |
| Median Home Value | $341,699 |
| Average Home Value | $379,190 |
Housing Distribution
Address Breakdown
Residential
731
Single Family
697
Multi-Family
34
Businesses
43
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Listed by: Megan Rios • Berardi Realty
Mls Name: UCBR
Mls Provider:
Mls ID: #20242356
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