289 Scotch Bush RoadBurnt HillsNY12027
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 Burnt Hills at 289 Scotch Bush Road, Burnt Hills, NY, 12027 priced at $545,000 converts $3,913/mo rent into $273/mo cash flow after a $2,668/mo obligation. Total monthly income equals $3,913/mo, and annual cash flow totals $3,277/yr on $179,305 invested. Return on cash invested prints 21.89% in year one, and rental yield reads 8.62% against a $545,000 entry. Equity gained on principal adds $3,517/yr, while 5% annual appreciation compiles into $150,573 by year five. Five-year ROI reaches 114.09% and total cumulative return in cash sums $204,564. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,913/mo property income covering a $2,668/mo payment, not borrower’s personal income.
Single Family
Built in 1986
1.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12027, Burnt Hills, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,634 (100%) |
| Owner Occupied HU | 1,376 (84.2%) |
| Renter Occupied HU | 200 (12.2%) |
| Vacant Housing Units | 58 ( 3.5%) |
| Median Home Value | $419,505 |
| Average Home Value | $456,793 |
Housing Distribution
Address Breakdown
Residential
1,561
Single Family
1,561
Multi-Family
0
Businesses
188
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Elizabeth J Perrins • Howard Hanna Capital Inc
Mls Name: Global MLS
Mls Provider:
Mls ID: #202517248
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Judy Moriarty, Zillow, Inc., Corp. Broker