43 Somerset DriveClifton ParkNY12118
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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
Rental property for sale in Clifton Park at 43 Somerset Drive, Clifton Park, NY, 12118 priced at $494,000 pairs $3,305/mo rent with $6/mo cash flow after a $2,418/mo payment. Total monthly income equals $3,305/mo, and annual cash flow comes to $72/yr on $163,761 invested. Return on cash invested is 19.95% in year one, and rental yield stands at 8.03% on a $494,000 basis. Equity gained on principal adds $3,188/yr, and 5% annual appreciation accumulates to $136,483 by year five. Five-year ROI measures 103.74% and total cumulative return in cash reaches $169,892. For financing, Ziffy Mortgage’s DSCR program evaluates $3,305/mo property income against a $2,418/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2017
0.25 Acres 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: Marion J Taylor Paolucci • REMAX Solutions
Mls Name: Global MLS
Mls ID: #202524343