6990 State Route 158AltamontNY12009
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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 Altamont at 6990 State Route 158, Altamont, NY, 12009 offers a 5.74% rental yield on a $540,000 purchase with $2,582/mo rent. 14% in year one. Equity gained on principal adds $3,485/yr while 5% annual appreciation supports $149,192 over five years. Portfolio math shows five-year ROI at 67.17% and total cumulative return in cash at $119,330. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,582/mo property income against a $2,643/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
4.34 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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