22 Elmwood CourtWynantskillNY12198
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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 Wynantskill at 22 Elmwood Court, Wynantskill, NY, 12198 offers $2,365/mo rent that, after a $1,419/mo payment, leaves $429/mo cash flow. Total monthly income is $2,365/mo, and annual cash flow is $5,148/yr on $96,102 cash. Return on cash invested measures 25.27% in year one, and rental yield stands at 9.79% at a $289,900 entry. Equity gained on principal adds $1,871/yr while 5% annual appreciation compounds into $80,094 by year five. Five-year ROI records 132.26% and total cumulative return in cash reaches $127,101. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,365/mo property income versus a $1,419/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12198, Wynantskill, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,252 (100%) |
| Owner Occupied HU | 2,613 (80.4%) |
| Renter Occupied HU | 496 (15.3%) |
| Vacant Housing Units | 143 ( 4.4%) |
| Median Home Value | $350,737 |
| Average Home Value | $394,192 |
Housing Distribution
Address Breakdown
Residential
3,192
Single Family
3,081
Multi-Family
111
Businesses
168
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Listed by: Anthony M DeRusso-Demeo • Vera Cohen Realty, LLC
Mls Name: Global MLS
Mls ID: #202530638