420 Route 146AltamontNY12009
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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 Altamont at 420 Route 146, Altamont, NY, 12009 listed at $343,000 pairs $3,133/mo rent with a $1,679/mo payment to leave $842/mo cash flow. Total monthly income runs $3,133/mo, and annual cash flow reaches $10,108/yr on $113,705 cash to close. Return on cash invested measures 28.8% in year one, and rental yield registers 10.96% at a $343,000 basis. Equity gained on principal adds $2,213/yr, and annual property appreciation at 5% supports $94,765 by year five. Five-year ROI tracks 151.18% and total cumulative return in cash totals $171,900. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,133/mo property income relative to a $1,679/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1928
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12009, Altamont, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,685 (100%) |
| Owner Occupied HU | 2,442 (66.3%) |
| Renter Occupied HU | 1,020 (27.7%) |
| Vacant Housing Units | 223 ( 6.1%) |
| Median Home Value | $397,480 |
| Average Home Value | $429,887 |
Housing Distribution
Address Breakdown
Residential
3,023
Single Family
2,862
Multi-Family
161
Businesses
168
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