45 High Mills RoadBurnt HillsNY12027
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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 Burnt Hills at 45 High Mills Road, Burnt Hills, NY, 12027 offers $3,161/mo rent that, after a $1,713/mo payment, leaves $824/mo cash flow. Total monthly income is $3,161/mo, and annual cash flow is $9,886/yr on $116,025 cash. Return on cash invested measures 28.43% in year one, and rental yield stands at 10.84% at a $350,000 entry. Equity gained on principal adds $2,258/yr while 5% annual appreciation compounds into $96,699 by year five. Five-year ROI records 149.17% and total cumulative return in cash reaches $173,078. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,161/mo property income versus a $1,713/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12027, Burnt Hills, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,634 (100%) |
| Owner Occupied HU | 1,376 (84.2%) |
| Renter Occupied HU | 200 (12.2%) |
| Vacant Housing Units | 58 ( 3.5%) |
| Median Home Value | $419,505 |
| Average Home Value | $456,793 |
Housing Distribution
Address Breakdown
Residential
1,561
Single Family
1,561
Multi-Family
0
Businesses
188
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Listed by: Daniel D Britten • TopNetRealty.com Inc
Mls Name: Global MLS
Mls ID: #202518835