37 Jack DriveMechanicvilleNY12118
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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 37 Jack Drive, Mechanicville, NY, 12118 priced at $526,400 converts $3,475/mo rent into after a $2,576/mo obligation. Total monthly income equals $3,475/mo. Return on cash invested prints 19.78% in year one, and rental yield reads 7.92% against a $526,400 entry. Equity gained on principal adds $3,397/yr, while 5% annual appreciation compiles into $145,435 by year five. Five-year ROI reaches 102.81% and total cumulative return in cash sums $178,060. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,475/mo property income covering a $2,576/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.25 Acres 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: John W Mesko • Coldwell Banker Prime Properties
Mls Name: Global MLS
Mls ID: #202523177