257 Lapp RoadClifton ParkNY12065
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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 Clifton Park at 257 Lapp Road, Clifton Park, NY, 12065 priced at $280,000 pairs $2,651/mo rent with $782/mo cash flow after a $1,370/mo payment. Total monthly income equals $2,651/mo, and annual cash flow comes to $9,380/yr on $92,820 invested. Return on cash invested is 30.01% in year one, and rental yield stands at 11.36% on a $280,000 basis. Equity gained on principal adds $1,807/yr, and 5% annual appreciation accumulates to $77,359 by year five. Five-year ROI measures 157.68% and total cumulative return in cash reaches $146,361. For financing, Ziffy Mortgage’s DSCR program evaluates $2,651/mo property income against a $1,370/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1958
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12065, Clifton Park, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,336 (100%) |
| Owner Occupied HU | 12,958 (63.7%) |
| Renter Occupied HU | 6,328 (31.1%) |
| Vacant Housing Units | 1,050 ( 5.2%) |
| Median Home Value | $419,875 |
| Average Home Value | $458,167 |
Housing Distribution
Address Breakdown
Residential
19,443
Single Family
15,664
Multi-Family
3,779
Businesses
2,030
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Listed by: John Belanger • Royalview Realty Inc
Mls Name: Global MLS
Mls ID: #202530373