1859 Spruce Lane, Castleton, NY, 12033 | $187/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
2 Bath
1700 sft

359 Ferris Road, Schenectady, NY, 12304

2 Bed
2 Bath
1790 sft

Savanna Plan, Heritage Manor, Selkirk, NY, 12158

3 Bed
1 Bath
1212 sft

21 Cobble Knob Way, Castleton, NY, 12033

4 Bed
2 Bath
2020 sft

14 Hemlock Lane, Albany, NY, 12208

Nearby investment properties with comparable prices

4 Bed
3 Bath
2294 sft

26 Quarry Drive, Albany, NY, 12205

3 Bed
3 Bath
1607 sft

97 Killarney Drive, Niskayuna, NY, 12309

4 Bed
2 Bath
1946 sft

963 Ny-144, Hannacroix, NY, 12087

3 Bed
2 Bath
1344 sft

308 Lenox Rd, Richmond, MA, 01254

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Castleton at 1859 Spruce Lane, Castleton, NY, 12033 priced at $550,000 pairs $3,860/mo rent with $187/mo cash flow after a $2,692/mo payment. Total monthly income equals $3,860/mo, and annual cash flow comes to $2,246/yr on $180,950 invested. Return on cash invested is 21.3% in year one, and rental yield stands at 8.42% on a $550,000 basis. Equity gained on principal adds $3,549/yr, and 5% annual appreciation accumulates to $151,955 by year five. Five-year ROI measures 110.94% and total cumulative return in cash reaches $200,746. For financing, Ziffy Mortgage’s DSCR program evaluates $3,860/mo property income against a $2,692/mo payment instead of your W2s, 1099s, or Tax returns.

Multi Family

Built in 1991

1.46 Acres lot

$N/A/sqft

No HOA