23 Standish DriveGlenmontNY12077
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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 Glenmont at 23 Standish Drive, Glenmont, NY, 12077 generates $2,838/mo in rent and, after a $1,955/mo payment, leaves $105/mo in cash flow. Total monthly income is $2,838/mo, and annual cash flow is $1,263/yr on $132,434 invested. Return on cash invested sits at 20.86% in year one, and rental yield is 8.52% on a $399,500 entry. Equity gained on principal adds $2,578/yr, while 5% annual appreciation builds toward $110,374 over five years. Five-year ROI reaches 108.84% and total cumulative return in cash sums $144,135. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,838/mo property income rather than buyer’s personal income.
Townhouse
Built in 1988
6,534 sqft lot
$N/A/sqft
$196 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12077, Glenmont, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,744 (100%) |
| Owner Occupied HU | 1,970 (71.8%) |
| Renter Occupied HU | 645 (23.5%) |
| Vacant Housing Units | 129 ( 4.7%) |
| Median Home Value | $375,988 |
| Average Home Value | $394,869 |
Housing Distribution
Address Breakdown
Residential
2,824
Single Family
2,677
Multi-Family
147
Businesses
239
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Listed by: Josephine Bruno • Berkshire Hathaway Home Services Blake
Mls Name: Global MLS
Mls Provider:
Mls ID: #202516548
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