21 Spruce LaneClinton CornersNY12514
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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 Clinton Corners at 21 Spruce Lane, Clinton Corners, NY, 12514 offers a 7.49% rental yield on a $499,888 purchase with $3,120/mo rent. 33% in year one. Equity gained on principal adds $3,226/yr while 5% annual appreciation supports $138,110 over five years. Portfolio math shows five-year ROI at 95% and total cumulative return in cash at $157,425. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,120/mo property income against a $2,447/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
5.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12514, Clinton Corners, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,389 (100%) |
| Owner Occupied HU | 949 (68.3%) |
| Renter Occupied HU | 225 (16.2%) |
| Vacant Housing Units | 215 (15.5%) |
| Median Home Value | $601,230 |
| Average Home Value | $700,013 |
Housing Distribution
Address Breakdown
Residential
1,259
Single Family
1,259
Multi-Family
0
Businesses
37
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Listed by: Frances Chiu • Realty Center Hudson Valley
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #848223
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