648 State Route 17KMontgomeryNY12549
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
Rental property for sale in Montgomery at 648 State Route 17K, Montgomery, NY, 12549 generates $3,300/mo in rent and, after a $1,892/mo payment, leaves $719/mo in cash flow. Total monthly income is $3,300/mo, and annual cash flow is $8,625/yr on $128,125 invested. Return on cash invested sits at 26.64% in year one, and rental yield is 10.25% on a $386,500 entry. Equity gained on principal adds $2,494/yr, while 5% annual appreciation builds toward $106,783 over five years. Five-year ROI reaches 139.58% and total cumulative return in cash sums $178,837. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,300/mo property income rather than buyer’s personal income.
Single Family
Built in 1928
2.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12549, Montgomery, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,943 (100%) |
| Owner Occupied HU | 2,918 (74.0%) |
| Renter Occupied HU | 860 (21.8%) |
| Vacant Housing Units | 165 ( 4.2%) |
| Median Home Value | $464,516 |
| Average Home Value | $546,552 |
Housing Distribution
Address Breakdown
Residential
3,811
Single Family
3,683
Multi-Family
128
Businesses
477
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Listed by: Steven J Vinti • Weichert Realtors
Mls Name: OneKey MLS
Mls ID: #906880