26 S Washington StAthensNY12015
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 Athens at 26 S Washington St, Athens, NY, 12015 priced at $225,000 converts $1,530/mo rent into $28/mo cash flow after a $1,101/mo obligation. Total monthly income equals $1,530/mo, and annual cash flow totals $333/yr on $74,588 invested. Return on cash invested prints 20.36% in year one, and rental yield reads 8.16% against a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation compiles into $62,163 by year five. Five-year ROI reaches 105.89% and total cumulative return in cash sums $78,981. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,530/mo property income covering a $1,101/mo payment, not borrower’s personal income.
Single Family
Built in 1910
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12015, Athens, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,229 (100%) |
| Owner Occupied HU | 1,314 (59.0%) |
| Renter Occupied HU | 315 (14.1%) |
| Vacant Housing Units | 600 (26.9%) |
| Median Home Value | $322,251 |
| Average Home Value | $391,429 |
Housing Distribution
Address Breakdown
Residential
1,706
Single Family
1,674
Multi-Family
32
Businesses
98
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Listed by: Bette Watts • Keller Williams Hudson Valley
Mls Name: Columbia Greene Northern Dutchess MLS
Mls Provider:
Mls ID: #155494
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