223 Grovenors Corners RoadCobleskillNY12043
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow223 Grovenors Corners Road, Cobleskill, NY, 12043 in Cobleskill earns its strong cash-flow label: 10.9% yield, $2,716/mo rent, $719/mo net income, DSCR 1.92. The $299,000 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $82,608 by year five. Combined with $2,507/yr in principal paydown, total projected return reaches $154,704.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.9% | 6.2% |
| Monthly Cash Flow | $719 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,716 |
| Total Monthly Debt Service | $1,951 |
| DSCR Ratio | 1.39x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1940
0.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12043, Cobleskill, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,624 (100%) |
| Owner Occupied HU | 1,871 (51.6%) |
| Renter Occupied HU | 1,259 (34.7%) |
| Vacant Housing Units | 494 (13.6%) |
| Median Home Value | $193,101 |
| Average Home Value | $225,832 |
Housing Distribution
Address Breakdown
Residential
3,127
Single Family
3,004
Multi-Family
123
Businesses
345
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Global MLS
Mls Provider:
Mls ID: #202626884
