354 New Salem RoadVoorheesvilleNY12186
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 Voorheesville at 354 New Salem Road, Voorheesville, NY, 12186 offers $4,754/mo rent that, after a $2,570/mo payment, leaves $1,248/mo cash flow. Total monthly income is $4,754/mo, and annual cash flow is $14,973/yr on $172,725 cash. Return on cash invested measures 28.73% in year one, and rental yield stands at 10.87% at a $525,000 entry. Equity gained on principal adds $3,388/yr while 5% annual appreciation compounds into $145,048 by year five. Five-year ROI records 150.75% and total cumulative return in cash reaches $260,385. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,754/mo property income versus a $2,570/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
3.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12186, Voorheesville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,865 (100%) |
| Owner Occupied HU | 2,319 (80.9%) |
| Renter Occupied HU | 416 (14.5%) |
| Vacant Housing Units | 130 ( 4.5%) |
| Median Home Value | $390,399 |
| Average Home Value | $456,007 |
Housing Distribution
Address Breakdown
Residential
2,733
Single Family
2,723
Multi-Family
10
Businesses
132
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ryan Kitchen • Coldwell Banker Prime Properties
Mls Name: Global MLS
Mls ID: #202518920