268 Maryland AvenueRensselaerNY12144
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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 Rensselaer at 268 Maryland Avenue, Rensselaer, NY, 12144 priced at $255,000 converts $2,160/mo rent into $457/mo cash flow after a $1,248/mo obligation. Total monthly income equals $2,160/mo, and annual cash flow totals $5,487/yr on $84,533 invested. Return on cash invested prints 26.4% in year one, and rental yield reads 10.16% against a $255,000 entry. Equity gained on principal adds $1,645/yr, while 5% annual appreciation compiles into $70,452 by year five. Five-year ROI reaches 138.35% and total cumulative return in cash sums $116,948. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,160/mo property income covering a $1,248/mo payment, not borrower’s personal income.
Single Family
Built in 1948
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12144, Rensselaer, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,229 (100%) |
| Owner Occupied HU | 5,496 (53.7%) |
| Renter Occupied HU | 3,993 (39.0%) |
| Vacant Housing Units | 740 ( 7.2%) |
| Median Home Value | $271,764 |
| Average Home Value | $287,042 |
Housing Distribution
Address Breakdown
Residential
9,635
Single Family
8,324
Multi-Family
1,311
Businesses
572
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Listed by: Amber Holle • Venture Fox Realty Group LLC
Mls Name: Global MLS
Mls ID: #202530502