526 15th StreetWatervlietNY12189
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 Watervliet at 526 15th Street, Watervliet, NY, 12189 earns $729/mo cash flow from $1,991/mo rent with a $925/mo payment. Total monthly income totals $1,991/mo, and annual cash flow totals $8,747/yr on $62,654 capital. ROI tracks 33.87% on current figures, and rental yield reads 12.64% at a $189,000 purchase. Equity gained on principal adds $1,220/yr, and 5% annual appreciation supports $52,217 over five years. Five-year ROI reaches 178.35% and total cumulative return in cash sums $111,742. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,991/mo property income instead of your personal income.
Multi Family
Built in 1895
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12189, Watervliet, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,790 (100%) |
| Owner Occupied HU | 3,430 (35.0%) |
| Renter Occupied HU | 5,471 (55.9%) |
| Vacant Housing Units | 889 ( 9.1%) |
| Median Home Value | $277,740 |
| Average Home Value | $341,647 |
Housing Distribution
Address Breakdown
Residential
8,859
Single Family
6,838
Multi-Family
2,021
Businesses
330
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeremey VanWormer • Wolf River Real Estate, LLC
Mls Name: Global MLS
Mls ID: #202527024