38 Commonwealth DriveGlenmontNY12077
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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 Glenmont at 38 Commonwealth Drive, Glenmont, NY, 12077 offers a 6.88% rental yield on a $344,900 purchase with $1,978/mo rent. 5% in year one. Equity gained on principal adds $2,226/yr while 5% annual appreciation supports $95,290 over five years. Portfolio math shows five-year ROI at 85.18% and total cumulative return in cash at $97,389. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,978/mo property income against a $1,688/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1979
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12077, Glenmont, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,744 (100%) |
| Owner Occupied HU | 1,970 (71.8%) |
| Renter Occupied HU | 645 (23.5%) |
| Vacant Housing Units | 129 ( 4.7%) |
| Median Home Value | $375,988 |
| Average Home Value | $394,869 |
Housing Distribution
Address Breakdown
Residential
2,824
Single Family
2,677
Multi-Family
147
Businesses
239
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