18922 117th RoadSaint AlbansNY11412
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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 Saint Albans at 18922 117th Road, Saint Albans, NY, 11412 generates $6,000/mo in rent, after a $6,069/mo payment. Total monthly income is $6,000/mo. Return on cash invested sits at 13.56% in year one, and rental yield is 5.81% on a $1,239,900 entry. Equity gained on principal adds $8,001/yr, while 5% annual appreciation builds toward $342,562 over five years. Five-year ROI reaches 69.34% and total cumulative return in cash sums $278,566. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,000/mo property income rather than buyer’s personal income.
Multi Family
Built in 1920
3,310 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11412, Saint Albans, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,475 (100%) |
| Owner Occupied HU | 7,923 (63.5%) |
| Renter Occupied HU | 3,954 (31.7%) |
| Vacant Housing Units | 598 ( 4.8%) |
| Median Home Value | $636,295 |
| Average Home Value | $675,147 |
Housing Distribution
Address Breakdown
Residential
9,328
Single Family
9,008
Multi-Family
320
Businesses
713
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Listed by: Girvan B. Douglas • Sutherland Douglas Realty Corp
Mls Name: OneKey MLS
Mls ID: #918360