582 Van Patten RoadDuanesburgNY12056
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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 Duanesburg at 582 Van Patten Road, Duanesburg, NY, 12056 uses $111,053 cash to close to unlock $9,247/yr annual cash flow and $771/mo monthly cash flow. Total monthly income runs $3,008/mo, and a $1,640/mo payment keeps the spread at $771/mo. Purchase price stands at $335,000, and rental yield measures 10.77% with $3,008/mo rent. Return on cash invested shows 28.24% in year one, and 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 148.14% and total cumulative return in cash records $164,516. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,008/mo property income covering a $1,640/mo payment rather than investor’s personal income.
Single Family
Built in 1797
16.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12056, Duanesburg, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,003 (100%) |
| Owner Occupied HU | 784 (78.2%) |
| Renter Occupied HU | 146 (14.6%) |
| Vacant Housing Units | 73 ( 7.3%) |
| Median Home Value | $327,203 |
| Average Home Value | $337,730 |
Housing Distribution
Address Breakdown
Residential
943
Single Family
943
Multi-Family
0
Businesses
117
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Listed by: Jamison Ott • McCurdy Real Estate Group, Inc
Mls Name: Global MLS
Mls Provider:
Mls ID: #202521618
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