272 Central Ave AvenueCohoesNY12047
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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 Cohoes at 272 Central Ave Avenue, Cohoes, NY, 12047 priced at $220,000 converts $1,970/mo rent into $501/mo cash flow after a $1,077/mo obligation. Total monthly income equals $1,970/mo, and annual cash flow totals $6,008/yr on $72,930 invested. Return on cash invested prints 28.15% in year one, and rental yield reads 10.75% against a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation compiles into $60,782 by year five. Five-year ROI reaches 147.67% and total cumulative return in cash sums $107,699. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,970/mo property income covering a $1,077/mo payment, not borrower’s personal income.
Single Family
Built in 1993
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12047, Cohoes, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,243 (100%) |
| Owner Occupied HU | 4,698 (38.4%) |
| Renter Occupied HU | 6,301 (51.5%) |
| Vacant Housing Units | 1,244 (10.2%) |
| Median Home Value | $268,929 |
| Average Home Value | $327,651 |
Housing Distribution
Address Breakdown
Residential
10,561
Single Family
9,799
Multi-Family
762
Businesses
449
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