2422 9th AvenueWatervlietNY12189
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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 Watervliet at 2422 9th Avenue, Watervliet, NY, 12189 generates $1,972/mo in rent and, after a $1,170/mo payment, leaves $376/mo in cash flow. Total monthly income is $1,972/mo, and annual cash flow is $4,509/yr on $79,229 invested. Return on cash invested sits at 25.6% in year one, and rental yield is 9.9% on a $239,000 entry. Equity gained on principal adds $1,542/yr, while 5% annual appreciation builds toward $66,031 over five years. Five-year ROI reaches 134% and total cumulative return in cash sums $106,164. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,972/mo property income rather than buyer’s personal income.
Single Family
Built in 1910
4,791 sqft 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
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Listed by: Jeffrey O'Brien • Howard Hanna Capital Inc
Mls Name: Global MLS
Mls ID: #202522340