23 Long Creek DriveBurnt HillsNY12027
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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 Burnt Hills at 23 Long Creek Drive, Burnt Hills, NY, 12027 offers $7,177/mo rent that, after a $3,573/mo payment, leaves $2,303/mo cash flow. Total monthly income is $7,177/mo, and annual cash flow is $27,640/yr on $240,137 cash. Return on cash invested measures 31.57% in year one, and rental yield stands at 11.8% at a $729,900 entry. Equity gained on principal adds $4,710/yr while 5% annual appreciation compounds into $201,658 by year five. Five-year ROI records 165.99% and total cumulative return in cash reaches $398,611. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $7,177/mo property income versus a $3,573/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
0.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12027, Burnt Hills, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,634 (100%) |
| Owner Occupied HU | 1,376 (84.2%) |
| Renter Occupied HU | 200 (12.2%) |
| Vacant Housing Units | 58 ( 3.5%) |
| Median Home Value | $419,505 |
| Average Home Value | $456,793 |
Housing Distribution
Address Breakdown
Residential
1,561
Single Family
1,561
Multi-Family
0
Businesses
188
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Listed by: Patrick Seeberger • CCS Realty Group
Mls Name: Global MLS
Mls Provider:
Mls ID: #202424165
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Judy Moriarty, Zillow, Inc., Corp. Broker