329 E Main StreetAmsterdamNY12010
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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 Amsterdam at 329 E Main Street, Amsterdam, NY, 12010 priced at $199,900 converts $1,782/mo rent into $448/mo cash flow after a $978/mo obligation. Total monthly income equals $1,782/mo, and annual cash flow totals $5,370/yr on $66,267 invested. Return on cash invested prints 28.01% in year one, and rental yield reads 10.7% against a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation compiles into $55,229 by year five. Five-year ROI reaches 146.97% and total cumulative return in cash sums $97,393. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,782/mo property income covering a $978/mo payment, not borrower’s personal income.
Multi Family
Built in 1880
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12010, Amsterdam, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,890 (100%) |
| Owner Occupied HU | 7,135 (51.4%) |
| Renter Occupied HU | 4,836 (34.8%) |
| Vacant Housing Units | 1,919 (13.8%) |
| Median Home Value | $194,578 |
| Average Home Value | $247,104 |
Housing Distribution
Address Breakdown
Residential
12,546
Single Family
12,101
Multi-Family
445
Businesses
864
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