261 Pruyn Hill RoadMechanicvilleNY12118
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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 Mechanicville at 261 Pruyn Hill Road, Mechanicville, NY, 12118 generates $2,524/mo in rent and, after a $1,517/mo payment, leaves $454/mo in cash flow. Total monthly income is $2,524/mo, and annual cash flow is $5,450/yr on $102,765 invested. Return on cash invested sits at 25.21% in year one, and rental yield is 9.77% on a $310,000 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 131.95% and total cumulative return in cash sums $135,595. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,524/mo property income rather than buyer’s personal income.
Single Family
Built in 1966
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12118, Mechanicville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,358 (100%) |
| Owner Occupied HU | 5,056 (54.0%) |
| Renter Occupied HU | 3,460 (37.0%) |
| Vacant Housing Units | 842 ( 9.0%) |
| Median Home Value | $388,614 |
| Average Home Value | $445,691 |
Housing Distribution
Address Breakdown
Residential
7,595
Single Family
7,330
Multi-Family
265
Businesses
282
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Listed by: Robert M Sanderson • Sellers Choice Realty
Mls Name: Global MLS
Mls ID: #202524764