605 Lakeview RdBroadalbinNY12025
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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 Broadalbin at 605 Lakeview Rd, Broadalbin, NY, 12025 generates $1,600/mo in rent and, after a $1,126/mo payment, leaves $64/mo in cash flow. Total monthly income is $1,600/mo, and annual cash flow is $766/yr on $76,245 invested. Return on cash invested sits at 20.91% in year one, and rental yield is 8.35% on a $230,000 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 108.87% and total cumulative return in cash sums $83,011. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,600/mo property income rather than buyer’s personal income.
Single Family
Built in 1942
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12025, Broadalbin, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,193 (100%) |
| Owner Occupied HU | 1,947 (61.0%) |
| Renter Occupied HU | 404 (12.7%) |
| Vacant Housing Units | 842 (26.4%) |
| Median Home Value | $265,086 |
| Average Home Value | $317,835 |
Housing Distribution
Address Breakdown
Residential
2,217
Single Family
2,217
Multi-Family
0
Businesses
118
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