6 Essie LaneTroyNY12180
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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
Rental property for sale in Troy at 6 Essie Lane, Troy, NY, 12180 priced at $995,000 pairs $3,653/mo rent with after a $4,870/mo payment. Total monthly income equals $3,653/mo. Return on cash invested is 9.09% in year one, and rental yield stands at 4.41% on a $995,000 basis. Equity gained on principal adds $6,421/yr, and 5% annual appreciation accumulates to $274,900 by year five. Five-year ROI measures 45.46% and total cumulative return in cash reaches $148,818. For financing, Ziffy Mortgage’s DSCR program evaluates $3,653/mo property income against a $4,870/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2023
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12180, Troy, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,432 (100%) |
| Owner Occupied HU | 10,017 (37.9%) |
| Renter Occupied HU | 13,243 (50.1%) |
| Vacant Housing Units | 3,172 (12.0%) |
| Median Home Value | $263,950 |
| Average Home Value | $328,907 |
Housing Distribution
Address Breakdown
Residential
22,996
Single Family
17,432
Multi-Family
5,564
Businesses
1,424
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