39 Pitio RoadGlen SpeyNY12737
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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 Glen Spey at 39 Pitio Road, Glen Spey, NY, 12737 offers $3,360/mo rent that, after a $2,374/mo payment, leaves $121/mo cash flow. Total monthly income is $3,360/mo, and annual cash flow is $1,453/yr on $160,778 cash. Return on cash invested measures 20.81% in year one, and rental yield stands at 8.31% at a $485,000 entry. Equity gained on principal adds $3,130/yr while 5% annual appreciation compounds into $133,997 by year five. Five-year ROI records 108.35% and total cumulative return in cash reaches $174,206. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,360/mo property income versus a $2,374/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1993
0.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12737, Glen Spey, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,238 (100%) |
| Owner Occupied HU | 654 (52.8%) |
| Renter Occupied HU | 108 ( 8.7%) |
| Vacant Housing Units | 476 (38.4%) |
| Median Home Value | $341,699 |
| Average Home Value | $379,190 |
Housing Distribution
Address Breakdown
Residential
731
Single Family
697
Multi-Family
34
Businesses
43
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