18 Devlin StreetCohoesNY12047
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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 18 Devlin Street, Cohoes, NY, 12047 offers a 5.33% rental yield on a $319,000 purchase with $1,416/mo rent. 81% in year one. Equity gained on principal adds $2,058/yr while 5% annual appreciation supports $88,134 over five years. Portfolio math shows five-year ROI at 60.09% and total cumulative return in cash at $63,541. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,416/mo property income against a $1,561/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1930
2,613 sqft 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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