35 Witbeck DriveGlenvilleNY12302
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
Rental property for sale in Glenville at 35 Witbeck Drive, Glenville, NY, 12302 priced at $334,800 pairs $2,774/mo rent with $538/mo cash flow after a $1,639/mo payment. Total monthly income equals $2,774/mo, and annual cash flow comes to $6,455/yr on $110,986 invested. Return on cash invested is 25.73% in year one, and rental yield stands at 9.94% on a $334,800 basis. Equity gained on principal adds $2,160/yr, and 5% annual appreciation accumulates to $92,499 by year five. Five-year ROI measures 134.67% and total cumulative return in cash reaches $149,466. For financing, Ziffy Mortgage’s DSCR program evaluates $2,774/mo property income against a $1,639/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1943
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12302, Schenectady, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,691 (100%) |
| Owner Occupied HU | 8,698 (68.5%) |
| Renter Occupied HU | 3,062 (24.1%) |
| Vacant Housing Units | 931 ( 7.3%) |
| Median Home Value | $271,870 |
| Average Home Value | $311,678 |
Housing Distribution
Address Breakdown
Residential
12,116
Single Family
10,636
Multi-Family
1,480
Businesses
606
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices