32 Dover DriveLathamNY12110
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
Investment property for sale in Latham at 32 Dover Drive, Latham, NY, 12110 uses $94,478 cash to close to unlock $1,581/yr annual cash flow and $132/mo monthly cash flow. Total monthly income runs $2,035/mo, and a $1,395/mo payment keeps the spread at $132/mo. Purchase price stands at $285,000, and rental yield measures 8.57% with $2,035/mo rent. Return on cash invested shows 21.58% in year one, and 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 112.45% and total cumulative return in cash records $106,242. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,035/mo property income covering a $1,395/mo payment rather than investor’s personal income.
Single Family
Built in 1958
7,840 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices