2 De Graff StreetAmsterdamNY12010
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
Rental property for sale in Amsterdam at 2 De Graff Street, Amsterdam, NY, 12010 priced at $129,000 converts $3,030/mo rent into $2,169/mo cash flow after a $631/mo obligation. Total monthly income equals $3,030/mo, and annual cash flow totals $26,027/yr on $42,764 invested. Return on cash invested prints 80.77% in year one, and rental yield reads 28.19% against a $129,000 entry. Equity gained on principal adds $832/yr, while 5% annual appreciation compiles into $35,640 by year five. Five-year ROI reaches 429.85% and total cumulative return in cash sums $183,817. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,030/mo property income covering a $631/mo payment, not borrower’s personal income.
Multi Family
Built in 1900
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12010, Amsterdam, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,890 (100%) |
| Owner Occupied HU | 7,135 (51.4%) |
| Renter Occupied HU | 4,836 (34.8%) |
| Vacant Housing Units | 1,919 (13.8%) |
| Median Home Value | $194,578 |
| Average Home Value | $247,104 |
Housing Distribution
Address Breakdown
Residential
12,546
Single Family
12,101
Multi-Family
445
Businesses
864
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chad J Majewski • Chad Majewski Real Estate
Mls Name: Global MLS
Mls Provider:
Mls ID: #202416678
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Judy Moriarty, Zillow, Inc., Corp. Broker