51 Wheatfield WayMechanicvilleNY12118
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 Mechanicville at 51 Wheatfield Way, Mechanicville, NY, 12118 at $613,800 posts ROI 30.93% with $1,830/mo cash flow from $5,952/mo rent. Total monthly income equals $5,952/mo, and annual cash flow records $21,960/yr on $201,940 to close. Return on cash invested measures 30.93% and rental yield reads 11.64% at the current $613,800. Equity gained on principal adds $3,961/yr, and 5% annual appreciation supports $169,582 by year five. Five-year ROI prints 162.62% and total cumulative return in cash totals $328,392.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,952/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
0.25 Acres lot
$N/A/sqft
$281 annually 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: Susan E Dawkins • Robmar Realty, Inc.
Mls Name: Global MLS
Mls Provider:
Mls ID: #202417565
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Judy Moriarty, Zillow, Inc., Corp. Broker