5 Tap In LaneMechanicvilleNY12118
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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 5 Tap In Lane, Mechanicville, NY, 12118 offers a 7.6% rental yield on a $489,900 purchase with $3,103/mo rent. 66% in year one. Equity gained on principal adds $3,161/yr while 5% annual appreciation supports $135,350 over five years. Portfolio math shows five-year ROI at 96.81% and total cumulative return in cash at $157,229. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,103/mo property income against a $2,398/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in N/A
0.33 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: Jennifer Khan • Jenn Khan Realty LLC
Mls Name: Global MLS
Mls ID: #202522160