3 Priddle LaneLathamNY12110
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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 Latham at 3 Priddle Lane, Latham, NY, 12110 generates $2,656/mo in rent, after a $2,444/mo payment. Total monthly income is $2,656/mo. Return on cash invested sits at 14.99% in year one, and rental yield is 6.38% on a $499,400 entry. Equity gained on principal adds $3,223/yr, while 5% annual appreciation builds toward $137,975 over five years. Five-year ROI reaches 77.12% and total cumulative return in cash sums $127,667. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,656/mo property income rather than buyer’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12110, Latham, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,681 (100%) |
| Owner Occupied HU | 5,852 (67.4%) |
| Renter Occupied HU | 2,333 (26.9%) |
| Vacant Housing Units | 496 ( 5.7%) |
| Median Home Value | $353,860 |
| Average Home Value | $420,764 |
Housing Distribution
Address Breakdown
Residential
8,650
Single Family
8,047
Multi-Family
603
Businesses
1,521
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