38 Maxwell DriveTroyNY12180
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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 Troy at 38 Maxwell Drive, Troy, NY, 12180 generates $1,389/mo in rent and, after a $856/mo payment, leaves $221/mo in cash flow. Total monthly income is $1,389/mo, and annual cash flow is $2,653/yr on $57,979 invested. Return on cash invested sits at 24.49% in year one, and rental yield is 9.53% on a $174,900 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation builds toward $48,322 over five years. Five-year ROI reaches 128.11% and total cumulative return in cash sums $74,280. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,389/mo property income rather than buyer’s personal income.
Condo
Built in 1970
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12180, Troy, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,432 (100%) |
| Owner Occupied HU | 10,017 (37.9%) |
| Renter Occupied HU | 13,243 (50.1%) |
| Vacant Housing Units | 3,172 (12.0%) |
| Median Home Value | $263,950 |
| Average Home Value | $328,907 |
Housing Distribution
Address Breakdown
Residential
22,996
Single Family
17,432
Multi-Family
5,564
Businesses
1,424
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