6468 French's Hollow RoadAltamontNY12009
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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 Altamont at 6468 French's Hollow Road, Altamont, NY, 12009 generates $4,037/mo in rent and, after a $2,374/mo payment, leaves $798/mo in cash flow. Total monthly income is $4,037/mo, and annual cash flow is $9,577/yr on $160,778 invested. Return on cash invested sits at 25.87% in year one, and rental yield is 9.99% on a $485,000 entry. Equity gained on principal adds $3,130/yr, while 5% annual appreciation builds toward $133,997 over five years. Five-year ROI reaches 135.45% and total cumulative return in cash sums $217,778. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,037/mo property income rather than buyer’s personal income.
Single Family
Built in 1879
7.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12009, Altamont, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,685 (100%) |
| Owner Occupied HU | 2,442 (66.3%) |
| Renter Occupied HU | 1,020 (27.7%) |
| Vacant Housing Units | 223 ( 6.1%) |
| Median Home Value | $397,480 |
| Average Home Value | $429,887 |
Housing Distribution
Address Breakdown
Residential
3,023
Single Family
2,862
Multi-Family
161
Businesses
168
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