24 James DriveLoudonvilleNY12211
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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 Loudonville at 24 James Drive, Loudonville, NY, 12211 offers a 8.1% rental yield on a $225,000 purchase with $1,519/mo rent. Total monthly income registers $1,519/mo, and a $1,101/mo payment leaves $17/mo available for distribution. Annual cash flow reaches $201/yr on $74,588 to close, and return on cash invested stands at 20.18% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 104.92% and total cumulative return in cash at $78,261. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,519/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12211, Albany, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,641 (100%) |
| Owner Occupied HU | 3,691 (79.5%) |
| Renter Occupied HU | 732 (15.8%) |
| Vacant Housing Units | 218 ( 4.7%) |
| Median Home Value | $409,371 |
| Average Home Value | $514,192 |
Housing Distribution
Address Breakdown
Residential
4,505
Single Family
4,474
Multi-Family
31
Businesses
407
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Listed by: Nicholas W Miuccio • Miuccio Real Estate Group
Mls Name: Global MLS
Mls ID: #202526661