56 Miracle LnLoudonvilleNY12211
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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 Loudonville at 56 Miracle Ln, Loudonville, NY, 12211 with 5% annual appreciation on a $199,900 basis while $2,485/mo rent supports operations. Total monthly income totals $2,485/mo and a $978/mo payment preserves $1,151/mo for cash returns. Annual cash flow comes to $13,806/yr on $66,267 deployed, and return on cash invested reaches 40.74% in year one. Equity gained on principal adds $1,290/yr, and five-year appreciation sums $55,229 alongside rental yield of 14.92%. Five-year ROI measures 215.24% and total cumulative return in cash totals $142,633.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,485/mo property income versus a $978/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1954
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12211, Albany, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,641 (100%) |
| Owner Occupied HU | 3,691 (79.5%) |
| Renter Occupied HU | 732 (15.8%) |
| Vacant Housing Units | 218 ( 4.7%) |
| Median Home Value | $409,371 |
| Average Home Value | $514,192 |
Housing Distribution
Address Breakdown
Residential
4,505
Single Family
4,474
Multi-Family
31
Businesses
407
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Listed by: Jeury Lugo • KW Platform
Mls Name: Global MLS
Mls ID: #202524331