185B Brookwood RoadWaterfordNY12188
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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 Waterford at 185B Brookwood Road, Waterford, NY, 12188 priced at $399,000 converts $2,958/mo rent into $293/mo cash flow after a $1,953/mo obligation. Total monthly income equals $2,958/mo, and annual cash flow totals $3,521/yr on $132,269 invested. Return on cash invested prints 22.57% in year one, and rental yield reads 8.9% against a $399,000 entry. Equity gained on principal adds $2,575/yr, while 5% annual appreciation compiles into $110,236 by year five. Five-year ROI reaches 117.78% and total cumulative return in cash sums $155,786. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,958/mo property income covering a $1,953/mo payment, not borrower’s personal income.
Single Family
Built in 2004
1.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12188, Waterford, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,268 (100%) |
| Owner Occupied HU | 3,106 (59.0%) |
| Renter Occupied HU | 1,772 (33.6%) |
| Vacant Housing Units | 390 ( 7.4%) |
| Median Home Value | $357,692 |
| Average Home Value | $420,285 |
Housing Distribution
Address Breakdown
Residential
4,915
Single Family
4,644
Multi-Family
271
Businesses
199
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