31 Schoolmaster CtAthensNY12015
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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 Athens at 31 Schoolmaster Ct, Athens, NY, 12015 uses $149,175 cash to close to unlock $6,858/yr annual cash flow and $572/mo monthly cash flow. Total monthly income runs $3,577/mo, and a $2,203/mo payment keeps the spread at $572/mo. Purchase price stands at $450,000, and rental yield measures 9.54% with $3,577/mo rent. Return on cash invested shows 24.51% in year one, and 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 128.15% and total cumulative return in cash records $191,166. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,577/mo property income covering a $2,203/mo payment rather than investor’s personal income.
Single Family
Built in 1992
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12015, Athens, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,229 (100%) |
| Owner Occupied HU | 1,314 (59.0%) |
| Renter Occupied HU | 315 (14.1%) |
| Vacant Housing Units | 600 (26.9%) |
| Median Home Value | $322,251 |
| Average Home Value | $391,429 |
Housing Distribution
Address Breakdown
Residential
1,706
Single Family
1,674
Multi-Family
32
Businesses
98
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Listed by: Melissa Cox • Keller Williams Hudson Valley
Mls Name: Columbia Greene Northern Dutchess MLS
Mls Provider:
Mls ID: #155927
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.