8-10 Spruce StreetRensselaerNY12144
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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 Rensselaer at 8-10 Spruce Street, Rensselaer, NY, 12144 at $250,000 posts ROI 18.93% with from $1,602/mo rent. Total monthly income equals $1,602/mo. Return on cash invested measures 18.93% and rental yield reads 7.69% at the current $250,000. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 by year five. Five-year ROI prints 98.26% and total cumulative return in cash totals $81,430. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,602/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1909
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12144, Rensselaer, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,229 (100%) |
| Owner Occupied HU | 5,496 (53.7%) |
| Renter Occupied HU | 3,993 (39.0%) |
| Vacant Housing Units | 740 ( 7.2%) |
| Median Home Value | $271,764 |
| Average Home Value | $287,042 |
Housing Distribution
Address Breakdown
Residential
9,635
Single Family
8,324
Multi-Family
1,311
Businesses
572
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Listed by: Hassan Khan • The People's Real Estate Group
Mls Name: Global MLS
Mls ID: #202521447