16 KENDRA CourtCohoesNY12047
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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 Cohoes at 16 KENDRA Court, Cohoes, NY, 12047 priced at $426,595 converts $4,379/mo rent into $1,295/mo cash flow after a $2,088/mo obligation. Total monthly income equals $4,379/mo, and annual cash flow totals $15,543/yr on $141,416 invested. Return on cash invested prints 30.9% in year one, and rental yield reads 12.32% against a $426,595 entry. Equity gained on principal adds $2,753/yr, while 5% annual appreciation compiles into $117,860 by year five. Five-year ROI reaches 163.16% and total cumulative return in cash sums $230,738. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,379/mo property income covering a $2,088/mo payment, not borrower’s personal income.
Condo
Built in 2024
435.60 sqft lot
$N/A/sqft
$235 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12047, Cohoes, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,243 (100%) |
| Owner Occupied HU | 4,698 (38.4%) |
| Renter Occupied HU | 6,301 (51.5%) |
| Vacant Housing Units | 1,244 (10.2%) |
| Median Home Value | $268,929 |
| Average Home Value | $327,651 |
Housing Distribution
Address Breakdown
Residential
10,561
Single Family
9,799
Multi-Family
762
Businesses
449
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Listed by: Dorothy D Peyron • Amedore Homes
Mls Name: Global MLS
Mls Provider:
Mls ID: #202420443
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