42 Shannon AvenueCohoesNY12047
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Cohoes at 42 Shannon Avenue, Cohoes, NY, 12047 listed at $189,995 pairs $1,449/mo rent with a $930/mo payment to leave $180/mo cash flow. Total monthly income runs $1,449/mo, and annual cash flow reaches $2,162/yr on $62,983 cash to close. Return on cash invested measures 23.34% in year one, and rental yield registers 9.15% at a $189,995 basis. Equity gained on principal adds $1,226/yr, and annual property appreciation at 5% supports $52,492 by year five. Five-year ROI tracks 121.97% and total cumulative return in cash totals $76,823. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,449/mo property income relative to a $930/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1920
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12047, Cohoes, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,243 (100%) |
| Owner Occupied HU | 4,698 (38.4%) |
| Renter Occupied HU | 6,301 (51.5%) |
| Vacant Housing Units | 1,244 (10.2%) |
| Median Home Value | $268,929 |
| Average Home Value | $327,651 |
Housing Distribution
Address Breakdown
Residential
10,561
Single Family
9,799
Multi-Family
762
Businesses
449
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices