356 Old State RdRensselaer FallsNY13680
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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
Investment property for sale in Rensselaer Falls at 356 Old State Rd, Rensselaer Falls, NY, 13680 uses $66,267 cash to close to unlock $3,018/yr annual cash flow and $252/mo monthly cash flow. Total monthly income runs $1,586/mo, and a $978/mo payment keeps the spread at $252/mo. Purchase price stands at $199,900, and rental yield measures 9.52% with $1,586/mo rent. Return on cash invested shows 24.46% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 127.94% and total cumulative return in cash records $84,781. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,586/mo property income covering a $978/mo payment rather than investor’s personal income.
Manufactured
Built in 1993
36.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13680, Rensselaer Falls, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 519 (100%) |
| Owner Occupied HU | 318 (61.3%) |
| Renter Occupied HU | 106 (20.4%) |
| Vacant Housing Units | 95 (18.3%) |
| Median Home Value | $152,564 |
| Average Home Value | $188,671 |
Housing Distribution
Address Breakdown
Residential
369
Single Family
369
Multi-Family
0
Businesses
12
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Listed by: Jennifer Stevenson • Blue Heron Realty
Mls Name: SLCMLS
Mls Provider:
Mls ID: #50589
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.