21 Magee DriveGlenmontNY12077
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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
Investment property for sale in Glenmont at 21 Magee Drive, Glenmont, NY, 12077 earns $806/mo cash flow from $3,143/mo rent with a $1,713/mo payment. Total monthly income totals $3,143/mo, and annual cash flow totals $9,672/yr on $115,992 capital. ROI tracks 28.25% on current figures, and rental yield reads 10.78% at a $349,900 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,671 over five years. Five-year ROI reaches 148.25% and total cumulative return in cash sums $171,954. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,143/mo property income instead of your personal income.
Single Family
Built in 1931
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12077, Glenmont, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,744 (100%) |
| Owner Occupied HU | 1,970 (71.8%) |
| Renter Occupied HU | 645 (23.5%) |
| Vacant Housing Units | 129 ( 4.7%) |
| Median Home Value | $375,988 |
| Average Home Value | $394,869 |
Housing Distribution
Address Breakdown
Residential
2,824
Single Family
2,677
Multi-Family
147
Businesses
239
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