233 Boght RoadWatervlietNY12189
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingCapital preservation and steady income define 233 Boght Road, Watervliet, NY, 12189 in Watervliet. Rental yield 6.77%. The 1.26 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $115,762 and $3,859/yr in principal reduction project total return of $131,913.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 6.8% | 6.2% |
| Monthly Cash Flow | $(433) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,365 |
| Total Monthly Debt Service | $2,631 |
| DSCR Ratio | 0.90x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Apartment
Built in 1951
0.75 Acres 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
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
Apartment
Built in 1951
0.75 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices