21 Hendrick AvenueMenandsNY12204
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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 Menands at 21 Hendrick Avenue, Menands, NY, 12204 offers $3,064/mo rent that, after a $1,830/mo payment, leaves $567/mo cash flow. Total monthly income is $3,064/mo, and annual cash flow is $6,807/yr on $123,948 cash. Return on cash invested measures 25.4% in year one, and rental yield stands at 9.83% at a $373,900 entry. Equity gained on principal adds $2,413/yr while 5% annual appreciation compounds into $103,302 by year five. Five-year ROI records 132.95% and total cumulative return in cash reaches $164,789. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,064/mo property income versus a $1,830/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12204, Albany, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,523 (100%) |
| Owner Occupied HU | 1,515 (33.5%) |
| Renter Occupied HU | 2,591 (57.3%) |
| Vacant Housing Units | 417 ( 9.2%) |
| Median Home Value | $343,095 |
| Average Home Value | $377,229 |
Housing Distribution
Address Breakdown
Residential
3,773
Single Family
1,646
Multi-Family
2,127
Businesses
373
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