42 Warsaw AvenueMechanicvilleNY12118
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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 Mechanicville at 42 Warsaw Avenue, Mechanicville, NY, 12118 uses $71,239 cash to close to unlock $6,981/yr annual cash flow and $582/mo monthly cash flow. Total monthly income runs $2,017/mo, and a $1,052/mo payment keeps the spread at $582/mo. Purchase price stands at $214,900, and rental yield measures 11.26% with $2,017/mo rent. Return on cash invested shows 29.71% in year one, and 5% annual appreciation builds toward $59,373 over five years. Five-year ROI reaches 156.06% and total cumulative return in cash records $111,174. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,017/mo property income covering a $1,052/mo payment rather than investor’s personal income.
Single Family
Built in 1975
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12118, Mechanicville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,358 (100%) |
| Owner Occupied HU | 5,056 (54.0%) |
| Renter Occupied HU | 3,460 (37.0%) |
| Vacant Housing Units | 842 ( 9.0%) |
| Median Home Value | $388,614 |
| Average Home Value | $445,691 |
Housing Distribution
Address Breakdown
Residential
7,595
Single Family
7,330
Multi-Family
265
Businesses
282
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Listed by: Robert P Goldey • Heer Realty, Inc.
Mls Name: Global MLS
Mls ID: #202610829