6 Davis DrivePoestenkillNY12140
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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 Poestenkill at 6 Davis Drive, Poestenkill, NY, 12140 uses $77,903 cash to close to unlock $6,587/yr annual cash flow and $549/mo monthly cash flow. Total monthly income runs $2,118/mo, and a $1,150/mo payment keeps the spread at $549/mo. Purchase price stands at $235,000, and rental yield measures 10.82% with $2,118/mo rent. Return on cash invested shows 28.36% in year one, and 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 148.81% and total cumulative return in cash records $115,924. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,118/mo property income covering a $1,150/mo payment rather than investor’s personal income.
Single Family
Built in 1930
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12140, Poestenkill, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 755 (100%) |
| Owner Occupied HU | 602 (79.7%) |
| Renter Occupied HU | 117 (15.5%) |
| Vacant Housing Units | 36 ( 4.8%) |
| Median Home Value | $327,632 |
| Average Home Value | $405,216 |
Housing Distribution
Address Breakdown
Residential
612
Single Family
612
Multi-Family
0
Businesses
35
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Listed by: Carol S Landau • Coldwell Banker Prime Properties
Mls Name: Global MLS
Mls ID: #202524075