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 with 5% annual appreciation on a $315,000 basis while $2,234/mo rent supports operations. Total monthly income totals $2,234/mo and a $1,542/mo payment preserves $130/mo for cash returns. Annual cash flow comes to $1,563/yr on $104,423 deployed, and return on cash invested reaches 21.41% in year one. Equity gained on principal adds $2,033/yr, and five-year appreciation sums $87,029 alongside rental yield of 8.51%. Five-year ROI measures 111.54% and total cumulative return in cash totals $116,477.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,234/mo property income versus a $1,542/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
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: HVCRMLS
Mls Provider:
Mls ID: #20251118
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