55 Broad StreetAmsterdamNY12010
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
Rental property for sale in Amsterdam at 55 Broad Street, Amsterdam, NY, 12010 offers $1,218/mo rent that, after a $587/mo payment, leaves $417/mo cash flow. Total monthly income is $1,218/mo, and annual cash flow is $5,004/yr on $39,780 cash. Return on cash invested measures 32.49% in year one, and rental yield stands at 12.18% at a $120,000 entry. Equity gained on principal adds $774/yr while 5% annual appreciation compounds into $33,154 by year five. Five-year ROI records 170.94% and total cumulative return in cash reaches $67,999. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,218/mo property income versus a $587/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1880
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12010, Amsterdam, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,890 (100%) |
| Owner Occupied HU | 7,135 (51.4%) |
| Renter Occupied HU | 4,836 (34.8%) |
| Vacant Housing Units | 1,919 (13.8%) |
| Median Home Value | $194,578 |
| Average Home Value | $247,104 |
Housing Distribution
Address Breakdown
Residential
12,546
Single Family
12,101
Multi-Family
445
Businesses
864
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