182 Rio Dam 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
Rental property for sale in Glen Spey at 182 Rio Dam Road, Glen Spey, NY, 12737 priced at $575,000 converts $3,283/mo rent into after a $2,814/mo obligation. Total monthly income equals $3,283/mo. Return on cash invested prints 16.53% in year one, and rental yield reads 6.85% against a $575,000 entry. Equity gained on principal adds $3,710/yr, while 5% annual appreciation compiles into $158,862 by year five. Five-year ROI reaches 85.34% and total cumulative return in cash sums $161,447. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,283/mo property income covering a $2,814/mo payment, not borrower’s personal income.
Single Family
Built in 1985
2.19 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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