23 Beacon DriveWatervlietNY12189
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
Investment Highlights
Rental property for sale in Watervliet at 23 Beacon Drive, Watervliet, NY, 12189 priced at $600,000 pairs $3,089/mo rent with after a $2,937/mo payment. Total monthly income equals $3,089/mo. Return on cash invested is 14.48% in year one, and rental yield stands at 6.18% on a $600,000 basis. Equity gained on principal adds $3,872/yr, and 5% annual appreciation accumulates to $165,769 by year five. Five-year ROI measures 74.33% and total cumulative return in cash reaches $146,736. For financing, Ziffy Mortgage’s DSCR program evaluates $3,089/mo property income against a $2,937/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2013
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12189, Watervliet, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,790 (100%) |
| Owner Occupied HU | 3,430 (35.0%) |
| Renter Occupied HU | 5,471 (55.9%) |
| Vacant Housing Units | 889 ( 9.1%) |
| Median Home Value | $277,740 |
| Average Home Value | $341,647 |
Housing Distribution
Address Breakdown
Residential
8,859
Single Family
6,838
Multi-Family
2,021
Businesses
330
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Nearby investment properties with comparable prices
Listed by: Christine M Fox • Miranda Real Estate Group, Inc
Mls Name: Global MLS
Mls ID: #202611159