22 Silo DriveWaterfordNY12188
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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 Waterford at 22 Silo Drive, Waterford, NY, 12188 priced at $759,000 pairs $3,828/mo rent with after a $3,715/mo payment. Total monthly income equals $3,828/mo. Return on cash invested is 14.1% in year one, and rental yield stands at 6.05% on a $759,000 basis. Equity gained on principal adds $4,898/yr, and 5% annual appreciation accumulates to $209,698 by year five. Five-year ROI measures 72.3% and total cumulative return in cash reaches $180,551. For financing, Ziffy Mortgage’s DSCR program evaluates $3,828/mo property income against a $3,715/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2009
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12188, Waterford, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,268 (100%) |
| Owner Occupied HU | 3,106 (59.0%) |
| Renter Occupied HU | 1,772 (33.6%) |
| Vacant Housing Units | 390 ( 7.4%) |
| Median Home Value | $357,692 |
| Average Home Value | $420,285 |
Housing Distribution
Address Breakdown
Residential
4,915
Single Family
4,644
Multi-Family
271
Businesses
199
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