16 North Point DriveCohoesNY12047
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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 Cohoes at 16 North Point Drive, Cohoes, NY, 12047 at $649,900 posts ROI 16.84% with from $3,767/mo rent. Total monthly income equals $3,767/mo. Return on cash invested measures 16.84% and rental yield reads 6.96% at the current $649,900. Equity gained on principal adds $4,194/yr, and 5% annual appreciation supports $179,555 by year five. Five-year ROI prints 87.04% and total cumulative return in cash totals $186,114. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,767/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2002
0.51 Acres lot
$N/A/sqft
No 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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