698 Mineral Springs RdCobleskillNY12043
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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 Cobleskill at 698 Mineral Springs Rd, Cobleskill, NY, 12043 at $309,000 posts ROI 18.23% with from $1,920/mo rent. Total monthly income equals $1,920/mo. Return on cash invested measures 18.23% and rental yield reads 7.46% at the current $309,000. Equity gained on principal adds $1,994/yr, and 5% annual appreciation supports $85,371 by year five. Five-year ROI prints 94.49% and total cumulative return in cash totals $96,785. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,920/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1860
6.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12043, Cobleskill, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,624 (100%) |
| Owner Occupied HU | 1,871 (51.6%) |
| Renter Occupied HU | 1,259 (34.7%) |
| Vacant Housing Units | 494 (13.6%) |
| Median Home Value | $193,101 |
| Average Home Value | $225,832 |
Housing Distribution
Address Breakdown
Residential
3,127
Single Family
3,004
Multi-Family
123
Businesses
345
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Listed by: Melissa Klein • Howard Hanna
Mls Name: NYSAMLSs
Mls ID: #R1639144