51 Ridgefield DriveVoorheesvilleNY12186
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 51 Ridgefield Drive, Voorheesville, NY, 12186 in Voorheesville hard to pass up. The 12.77% gross yield on a $421,500 purchase results in $4,486/mo in rent and $1,659/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.37). Annual cash flow of $19,911, five-year appreciation of $116,453, and $3,882/yr in equity build-up combine for a projected total cumulative return of $267,614.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 12.8% | 6.2% |
| Monthly Cash Flow | $1,659 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $4,486 |
| Total Monthly Debt Service | $2,659 |
| DSCR Ratio | 1.69x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1988
9,147 sqft lot
$N/A/sqft
$140 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12186, Voorheesville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,865 (100%) |
| Owner Occupied HU | 2,319 (80.9%) |
| Renter Occupied HU | 416 (14.5%) |
| Vacant Housing Units | 130 ( 4.5%) |
| Median Home Value | $390,399 |
| Average Home Value | $456,007 |
Housing Distribution
Address Breakdown
Residential
2,733
Single Family
2,723
Multi-Family
10
Businesses
132
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
Townhouse
Built in 1988
9,147 sqft lot
$N/A/sqft
$140 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12186, Voorheesville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,865 (100%) |
| Owner Occupied HU | 2,319 (80.9%) |
| Renter Occupied HU | 416 (14.5%) |
| Vacant Housing Units | 130 ( 4.5%) |
| Median Home Value | $390,399 |
| Average Home Value | $456,007 |
Housing Distribution
Address Breakdown
Residential
2,733
Single Family
2,723
Multi-Family
10
Businesses
132
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices