237-239 Grand StreetAmsterdamNY12010
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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 Amsterdam at 237-239 Grand Street, Amsterdam, NY, 12010 listed at $159,900 pairs $1,566/mo rent with a $783/mo payment to leave $498/mo cash flow. Total monthly income runs $1,566/mo, and annual cash flow reaches $5,974/yr on $53,007 cash to close. Return on cash invested measures 31.18% in year one, and rental yield registers 11.75% at a $159,900 basis. Equity gained on principal adds $1,032/yr, and annual property appreciation at 5% supports $44,177 by year five. Five-year ROI tracks 163.94% and total cumulative return in cash totals $86,898. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,566/mo property income relative to a $783/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1970
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12010, Amsterdam, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,890 (100%) |
| Owner Occupied HU | 7,135 (51.4%) |
| Renter Occupied HU | 4,836 (34.8%) |
| Vacant Housing Units | 1,919 (13.8%) |
| Median Home Value | $194,578 |
| Average Home Value | $247,104 |
Housing Distribution
Address Breakdown
Residential
12,546
Single Family
12,101
Multi-Family
445
Businesses
864
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Listed by: Philip W Wagner • Wagner Real Estate Group
Mls Name: Global MLS
Mls Provider:
Mls ID: #202412738
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