34 Chip Shot WayMechanicvilleNY12118
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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 Mechanicville at 34 Chip Shot Way, Mechanicville, NY, 12118 priced at $449,900 pairs $3,125/mo rent with $121/mo cash flow after a $2,202/mo payment. Total monthly income equals $3,125/mo, and annual cash flow comes to $1,448/yr on $149,142 invested. Return on cash invested is 20.88% in year one, and rental yield stands at 8.34% on a $449,900 basis. Equity gained on principal adds $2,903/yr, and 5% annual appreciation accumulates to $124,299 by year five. Five-year ROI measures 108.69% and total cumulative return in cash reaches $162,106. For financing, Ziffy Mortgage’s DSCR program evaluates $3,125/mo property income against a $2,202/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2022
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12118, Mechanicville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,358 (100%) |
| Owner Occupied HU | 5,056 (54.0%) |
| Renter Occupied HU | 3,460 (37.0%) |
| Vacant Housing Units | 842 ( 9.0%) |
| Median Home Value | $388,614 |
| Average Home Value | $445,691 |
Housing Distribution
Address Breakdown
Residential
7,595
Single Family
7,330
Multi-Family
265
Businesses
282
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Listed by: Jean C Maloney • 21st Century Properties
Mls Name: Global MLS
Mls ID: #202524484