23 Sargent StreetCohoesNY12047
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 Cohoes at 23 Sargent Street, Cohoes, NY, 12047 priced at $300,000 pairs $2,795/mo rent with $792/mo cash flow after a $1,468/mo payment. Total monthly income equals $2,795/mo, and annual cash flow comes to $9,504/yr on $99,450 invested. Return on cash invested is 29.47% in year one, and rental yield stands at 11.18% on a $300,000 basis. Equity gained on principal adds $1,936/yr, and 5% annual appreciation accumulates to $82,884 by year five. Five-year ROI measures 154.71% and total cumulative return in cash reaches $153,864. For financing, Ziffy Mortgage’s DSCR program evaluates $2,795/mo property income against a $1,468/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1943
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12047, Cohoes, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,243 (100%) |
| Owner Occupied HU | 4,698 (38.4%) |
| Renter Occupied HU | 6,301 (51.5%) |
| Vacant Housing Units | 1,244 (10.2%) |
| Median Home Value | $268,929 |
| Average Home Value | $327,651 |
Housing Distribution
Address Breakdown
Residential
10,561
Single Family
9,799
Multi-Family
762
Businesses
449
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices