185 Old State Rd #32ABroadalbinNY12025
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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 Broadalbin at 185 Old State Rd #32A, Broadalbin, NY, 12025 uses $61,328 cash to close to unlock $1,885/yr annual cash flow and $157/mo monthly cash flow. Total monthly income runs $1,392/mo, and a $905/mo payment keeps the spread at $157/mo. Purchase price stands at $185,000, and rental yield measures 9.03% with $1,392/mo rent. Return on cash invested shows 22.98% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 120.03% and total cumulative return in cash records $73,611. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,392/mo property income covering a $905/mo payment rather than investor’s personal income.
Manufactured
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12025, Broadalbin, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,193 (100%) |
| Owner Occupied HU | 1,947 (61.0%) |
| Renter Occupied HU | 404 (12.7%) |
| Vacant Housing Units | 842 (26.4%) |
| Median Home Value | $265,086 |
| Average Home Value | $317,835 |
Housing Distribution
Address Breakdown
Residential
2,217
Single Family
2,217
Multi-Family
0
Businesses
118
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Listed by: Alec Wright • Hoffman Homes
Mls Name: NY State MLS
Mls ID: #11529690