24 Balsam Crest Path UNIT BWarrensburgNY12817
Nearby investment properties with comparable rents
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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 Warrensburg at 24 Balsam Crest Path UNIT B, Warrensburg, NY, 12817 generates $2,355/mo in rent, after a $1,762/mo payment. Total monthly income is $2,355/mo. Return on cash invested sits at 19.42% in year one, and rental yield is 7.85% on a $360,000 entry. Equity gained on principal adds $2,323/yr, while 5% annual appreciation builds toward $99,461 over five years. Five-year ROI reaches 100.82% and total cumulative return in cash sums $120,321. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,355/mo property income rather than buyer’s personal income.
Townhouse
Built in 2003
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12817, Chestertown, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,066 (100%) |
| Owner Occupied HU | 794 (38.4%) |
| Renter Occupied HU | 208 (10.1%) |
| Vacant Housing Units | 1,064 (51.5%) |
| Median Home Value | $391,566 |
| Average Home Value | $447,106 |
Housing Distribution
Address Breakdown
Residential
797
Single Family
797
Multi-Family
0
Businesses
99
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Listed by: John P Gollhofer • CapMark Realty LLC
Mls Name: Global MLS
Mls ID: #202526662