23 Catskill AvenueRensselaerNY12144
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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 Rensselaer at 23 Catskill Avenue, Rensselaer, NY, 12144 generates $2,050/mo in rent, after a $1,566/mo payment. Total monthly income is $2,050/mo. Return on cash invested sits at 18.93% in year one, and rental yield is 7.69% on a $319,900 entry. Equity gained on principal adds $2,064/yr, while 5% annual appreciation builds toward $88,382 over five years. Five-year ROI reaches 98.25% and total cumulative return in cash sums $104,192. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,050/mo property income rather than buyer’s personal income.
Single Family
Built in 1941
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12144, Rensselaer, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,229 (100%) |
| Owner Occupied HU | 5,496 (53.7%) |
| Renter Occupied HU | 3,993 (39.0%) |
| Vacant Housing Units | 740 ( 7.2%) |
| Median Home Value | $271,764 |
| Average Home Value | $287,042 |
Housing Distribution
Address Breakdown
Residential
9,635
Single Family
8,324
Multi-Family
1,311
Businesses
572
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Listed by: Cynthia Martin • Howard Hanna Capital Inc
Mls Name: Global MLS
Mls ID: #202610992