29 Massachusetts 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
Investment property for sale in Rensselaer at 29 Massachusetts Avenue, Rensselaer, NY, 12144 with 5% annual appreciation on a $269,999 basis while $2,500/mo rent supports operations. Total monthly income totals $2,500/mo and a $1,322/mo payment preserves $697/mo for cash returns. Annual cash flow comes to $8,358/yr on $89,505 deployed, and return on cash invested reaches 29.25% in year one. Equity gained on principal adds $1,742/yr, and five-year appreciation sums $74,596 alongside rental yield of 11.11%. Five-year ROI measures 153.59% and total cumulative return in cash totals $137,473.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,500/mo property income versus a $1,322/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1929
0.39 Acres 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: Edward Whitty • Empire Real Estate Firm LLC
Mls Name: Global MLS
Mls ID: #202525286