6 Spruce RoadHyde ParkNY12538
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
Investment property for sale in Hyde Park at 6 Spruce Road, Hyde Park, NY, 12538 uses $124,279 cash to close to unlock $12,437/yr annual cash flow and $1,036/mo monthly cash flow. Total monthly income runs $3,540/mo, and a $1,835/mo payment keeps the spread at $1,036/mo. Purchase price stands at $374,900, and rental yield measures 11.33% with $3,540/mo rent. Return on cash invested shows 29.92% in year one, and 5% annual appreciation builds toward $103,578 over five years. Five-year ROI reaches 157.16% and total cumulative return in cash records $195,319. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,540/mo property income covering a $1,835/mo payment rather than investor’s personal income.
Single Family
Built in 1960
0.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12538, Hyde Park, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,655 (100%) |
| Owner Occupied HU | 3,627 (64.1%) |
| Renter Occupied HU | 1,686 (29.8%) |
| Vacant Housing Units | 342 ( 6.0%) |
| Median Home Value | $356,737 |
| Average Home Value | $405,695 |
Housing Distribution
Address Breakdown
Residential
5,576
Single Family
5,062
Multi-Family
514
Businesses
370
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Nearby investment properties with comparable prices
Listed by: Elaine Thomas • Century 21 Alliance Rlty Group
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #H6322923
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