3648 Horseshoe DriveValatieNY12184
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
Investment property for sale in Valatie at 3648 Horseshoe Drive, Valatie, NY, 12184 uses $69,615 cash to close to unlock $4,782/yr annual cash flow and $399/mo monthly cash flow. Total monthly income runs $1,801/mo, and a $1,028/mo payment keeps the spread at $399/mo. Purchase price stands at $210,000, and rental yield measures 10.29% with $1,801/mo rent. Return on cash invested shows 26.78% in year one, and 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 140.35% and total cumulative return in cash records $97,708. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,801/mo property income covering a $1,028/mo payment rather than investor’s personal income.
Multi Family
Built in 1970
2.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12184, Valatie, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,504 (100%) |
| Owner Occupied HU | 2,363 (67.4%) |
| Renter Occupied HU | 686 (19.6%) |
| Vacant Housing Units | 455 (13.0%) |
| Median Home Value | $371,991 |
| Average Home Value | $474,466 |
Housing Distribution
Address Breakdown
Residential
2,702
Single Family
2,636
Multi-Family
66
Businesses
180
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices