60 Stone Crest DriveMechanicvilleNY12118
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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 Mechanicville at 60 Stone Crest Drive, Mechanicville, NY, 12118 at $969,900 posts ROI 18.35% with from $6,023/mo rent. Total monthly income equals $6,023/mo. Return on cash invested measures 18.35% and rental yield reads 7.45% at the current $969,900. Equity gained on principal adds $6,259/yr, and 5% annual appreciation supports $267,965 by year five. Five-year ROI prints 95.12% and total cumulative return in cash totals $303,537. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,023/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2009
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12118, Mechanicville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,358 (100%) |
| Owner Occupied HU | 5,056 (54.0%) |
| Renter Occupied HU | 3,460 (37.0%) |
| Vacant Housing Units | 842 ( 9.0%) |
| Median Home Value | $388,614 |
| Average Home Value | $445,691 |
Housing Distribution
Address Breakdown
Residential
7,595
Single Family
7,330
Multi-Family
265
Businesses
282
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Listed by: David M Schrepper • RE/MAX Solutions
Mls Name: Global MLS
Mls ID: #202523856