5 Maine AvenueRensselaerNY12144
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 Rensselaer at 5 Maine Avenue, Rensselaer, NY, 12144 at $319,999 posts ROI 20.92% with $89/mo cash flow from $2,226/mo rent. Total monthly income equals $2,226/mo, and annual cash flow records $1,072/yr on $106,080 to close. Return on cash invested measures 20.92% and rental yield reads 8.35% at the current $319,999. Equity gained on principal adds $2,065/yr, and 5% annual appreciation supports $88,410 by year five. Five-year ROI prints 108.93% and total cumulative return in cash totals $115,551.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,226/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1955
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12144, Rensselaer, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,229 (100%) |
| Owner Occupied HU | 5,496 (53.7%) |
| Renter Occupied HU | 3,993 (39.0%) |
| Vacant Housing Units | 740 ( 7.2%) |
| Median Home Value | $271,764 |
| Average Home Value | $287,042 |
Housing Distribution
Address Breakdown
Residential
9,635
Single Family
8,324
Multi-Family
1,311
Businesses
572
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Listed by: Trent Tibbitts • Tibbitts & Co Realty
Mls Name: Global MLS
Mls ID: #202525280