216 Chandler LaneMontgomeryNY12549
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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 Montgomery at 216 Chandler Lane, Montgomery, NY, 12549 priced at $699,900 converts $3,300/mo rent into after a $3,426/mo obligation. Total monthly income equals $3,300/mo. Return on cash invested prints 12.9% in year one, and rental yield reads 5.66% against a $699,900 entry. Equity gained on principal adds $4,516/yr, while 5% annual appreciation compiles into $193,369 by year five. Five-year ROI reaches 65.86% and total cumulative return in cash sums $151,652. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,300/mo property income covering a $3,426/mo payment, not borrower’s personal income.
Single Family
Built in 2003
1.20 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
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Listed by: Tom Keefer • HomeSmart Homes & Estates
Mls Name: OneKey MLS
Mls ID: #907376