61 Surrey Hill DriveLathamNY12110
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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 Latham at 61 Surrey Hill Drive, Latham, NY, 12110 at $309,900 posts ROI 27.23% with $626/mo cash flow from $2,696/mo rent. Total monthly income equals $2,696/mo, and annual cash flow records $7,516/yr on $102,732 to close. Return on cash invested measures 27.23% and rental yield reads 10.44% at the current $309,900. Equity gained on principal adds $2,000/yr, and 5% annual appreciation supports $85,620 by year five. Five-year ROI prints 142.74% and total cumulative return in cash totals $146,640.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,696/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 1989
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12110, Latham, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,681 (100%) |
| Owner Occupied HU | 5,852 (67.4%) |
| Renter Occupied HU | 2,333 (26.9%) |
| Vacant Housing Units | 496 ( 5.7%) |
| Median Home Value | $353,860 |
| Average Home Value | $420,764 |
Housing Distribution
Address Breakdown
Residential
8,650
Single Family
8,047
Multi-Family
603
Businesses
1,521
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