8 Hale DriveHalfmoonNY12065
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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
Rental property for sale in Halfmoon at 8 Hale Drive, Halfmoon, NY, 12065 priced at $279,000 converts $2,458/mo rent into $295/mo cash flow after a $1,366/mo obligation. Total monthly income equals $2,458/mo, and annual cash flow totals $3,545/yr on $92,489 invested. Return on cash invested prints 23.74% in year one, and rental yield reads 10.57% against a $279,000 entry. Equity gained on principal adds $1,800/yr, while 5% annual appreciation compiles into $77,083 by year five. Five-year ROI reaches 125.47% and total cumulative return in cash sums $116,047. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,458/mo property income covering a $1,366/mo payment, not borrower’s personal income.
Townhouse
Built in 1986
871.20 sqft lot
$N/A/sqft
$299 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12065, Clifton Park, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,336 (100%) |
| Owner Occupied HU | 12,958 (63.7%) |
| Renter Occupied HU | 6,328 (31.1%) |
| Vacant Housing Units | 1,050 ( 5.2%) |
| Median Home Value | $419,875 |
| Average Home Value | $458,167 |
Housing Distribution
Address Breakdown
Residential
19,443
Single Family
15,664
Multi-Family
3,779
Businesses
2,030
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Listed by: Shane Wagner • Vera Cohen Realty, LLC
Mls Name: Global MLS
Mls Provider:
Mls ID: #202514963
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Judy Moriarty, Zillow, Inc., Corp. Broker