198 Corbett RoadMontgomeryNY12549
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Montgomery at 198 Corbett Road, Montgomery, NY, 12549 with 5% annual appreciation on a $1,599,000 basis while $3,300/mo rent supports operations. 28% in year one. Equity gained on principal adds $10,318/yr, and five-year appreciation sums $441,774 alongside rental yield of 2.48%. Five-year ROI measures 14.24% and total cumulative return in cash totals $73,753. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,300/mo property income versus a $7,826/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1989
48.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12549, Montgomery, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,943 (100%) |
| Owner Occupied HU | 2,918 (74.0%) |
| Renter Occupied HU | 860 (21.8%) |
| Vacant Housing Units | 165 ( 4.2%) |
| Median Home Value | $464,516 |
| Average Home Value | $546,552 |
Housing Distribution
Address Breakdown
Residential
3,811
Single Family
3,683
Multi-Family
128
Businesses
477
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Carmela Lopez Borrazas • Keller Williams Realty
Mls Name: OneKey MLS
Mls ID: #914609