283 E Main StreetAmsterdamNY12010
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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 Amsterdam at 283 E Main Street, Amsterdam, NY, 12010 priced at $259,900 pairs $1,500/mo rent with after a $1,272/mo payment. Total monthly income equals $1,500/mo. Return on cash invested is 16.63% in year one, and rental yield stands at 6.93% on a $259,900 basis. Equity gained on principal adds $1,677/yr, and 5% annual appreciation accumulates to $71,806 by year five. Five-year ROI measures 85.91% and total cumulative return in cash reaches $74,014. For financing, Ziffy Mortgage’s DSCR program evaluates $1,500/mo property income against a $1,272/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1970
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12010, Amsterdam, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,890 (100%) |
| Owner Occupied HU | 7,135 (51.4%) |
| Renter Occupied HU | 4,836 (34.8%) |
| Vacant Housing Units | 1,919 (13.8%) |
| Median Home Value | $194,578 |
| Average Home Value | $247,104 |
Housing Distribution
Address Breakdown
Residential
12,546
Single Family
12,101
Multi-Family
445
Businesses
864
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