24 Commonwealth DriveGlenmontNY12077
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
Investment Highlights
Rental property for sale in Glenmont at 24 Commonwealth Drive, Glenmont, NY, 12077 generates $2,917/mo in rent and, after a $1,659/mo payment, leaves $590/mo in cash flow. Total monthly income is $2,917/mo, and annual cash flow is $7,081/yr on $112,379 invested. Return on cash invested sits at 26.21% in year one, and rental yield is 10.33% on a $339,000 entry. Equity gained on principal adds $2,188/yr, while 5% annual appreciation builds toward $93,659 over five years. Five-year ROI reaches 137.55% and total cumulative return in cash sums $154,576. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,917/mo property income rather than buyer’s personal income.
Townhouse
Built in 1981
3,920 sqft lot
$N/A/sqft
$190 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shari Lynn Fox • Howard Hanna Capital, Inc.
Mls Name: Global MLS
Mls Provider:
Mls ID: #202515255
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