8 Cottage AvenueCohoesNY12047
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 Cohoes at 8 Cottage Avenue, Cohoes, NY, 12047 at $398,750 posts ROI 23.06% with $347/mo cash flow from $3,010/mo rent. Total monthly income equals $3,010/mo, and annual cash flow records $4,163/yr on $132,186 to close. Return on cash invested measures 23.06% and rental yield reads 9.06% at the current $398,750. Equity gained on principal adds $2,573/yr, and 5% annual appreciation supports $110,167 by year five. Five-year ROI prints 120.35% and total cumulative return in cash totals $159,091.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,010/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1960
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12047, Cohoes, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,243 (100%) |
| Owner Occupied HU | 4,698 (38.4%) |
| Renter Occupied HU | 6,301 (51.5%) |
| Vacant Housing Units | 1,244 (10.2%) |
| Median Home Value | $268,929 |
| Average Home Value | $327,651 |
Housing Distribution
Address Breakdown
Residential
10,561
Single Family
9,799
Multi-Family
762
Businesses
449
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