40 Morgans RunSchuylervilleNY12871
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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 Schuylerville at 40 Morgans Run, Schuylerville, NY, 12871 offers $2,872/mo rent that, after a $1,346/mo payment, leaves $1,037/mo cash flow. Total monthly income is $2,872/mo, and annual cash flow is $12,441/yr on $91,129 cash. Return on cash invested measures 33.56% in year one, and rental yield stands at 12.54% at a $274,900 entry. Equity gained on principal adds $1,774/yr while 5% annual appreciation compounds into $75,950 by year five. Five-year ROI records 176.71% and total cumulative return in cash reaches $161,031. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,872/mo property income versus a $1,346/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12871, Schuylerville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,993 (100%) |
| Owner Occupied HU | 1,393 (69.9%) |
| Renter Occupied HU | 416 (20.9%) |
| Vacant Housing Units | 184 ( 9.2%) |
| Median Home Value | $335,559 |
| Average Home Value | $382,109 |
Housing Distribution
Address Breakdown
Residential
1,714
Single Family
1,690
Multi-Family
24
Businesses
123
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Listed by: Jenna Tuttolomondo • Signature One Realty Grp, LLC
Mls Name: Global MLS
Mls ID: #202523815