662 Albany TurnpikeOld ChathamNY12136
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
Investment property for sale in Old Chatham at 662 Albany Turnpike, Old Chatham, NY, 12136 with 5% annual appreciation on a $599,000 basis while $5,213/mo rent supports operations. Total monthly income totals $5,213/mo and a $2,932/mo payment preserves $1,213/mo for cash returns. Annual cash flow comes to $14,553/yr on $197,071 deployed, and return on cash invested reaches 27.45% in year one. Equity gained on principal adds $3,865/yr, and five-year appreciation sums $165,493 alongside rental yield of 10.44%. Five-year ROI measures 143.86% and total cumulative return in cash totals $283,510.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,213/mo property income versus a $2,932/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1820
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12136, Old Chatham, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 564 (100%) |
| Owner Occupied HU | 354 (62.8%) |
| Renter Occupied HU | 86 (15.2%) |
| Vacant Housing Units | 124 (22.0%) |
| Median Home Value | $448,936 |
| Average Home Value | $627,790 |
Housing Distribution
Address Breakdown
Residential
425
Single Family
425
Multi-Family
0
Businesses
43
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jonathan Hallam • The Kinderhook Group, Inc.
Mls Name: HVCRMLS
Mls ID: #20251401