31 Albany TurnpikeOld ChathamNY12136
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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 Old Chatham at 31 Albany Turnpike, Old Chatham, NY, 12136 generates $0/mo in rent, after a $1,101/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -4.26% in year one, and rental yield is 0% on a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation builds toward $62,163 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 1820
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12136, Old Chatham, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 564 (100%) |
| Owner Occupied HU | 354 (62.8%) |
| Renter Occupied HU | 86 (15.2%) |
| Vacant Housing Units | 124 (22.0%) |
| Median Home Value | $448,936 |
| Average Home Value | $627,790 |
Housing Distribution
Address Breakdown
Residential
425
Single Family
425
Multi-Family
0
Businesses
43
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No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Anne Harrison • Country Life Real Estate, LLC
Mls Name: HVCRMLS
Mls ID: #20256057