2314 BroadwayWatervlietNY12189
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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
Investment property for sale in Watervliet at 2314 Broadway, Watervliet, NY, 12189 offers a 11.54% rental yield on a $275,000 purchase with $2,644/mo rent. Total monthly income registers $2,644/mo, and a $1,346/mo payment leaves $808/mo available for distribution. Annual cash flow reaches $9,691/yr on $91,163 to close, and return on cash invested stands at 30.54% in year one. Equity gained on principal adds $1,775/yr while 5% annual appreciation supports $75,977 over five years. Portfolio math shows five-year ROI at 160.5% and total cumulative return in cash at $146,315. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,644/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1925
2,613 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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Listed by: Darcy Chorwat • Carrow Real Estate Services LLC
Mls Name: Global MLS
Mls ID: #202525486