8 Wedgewood DriveLoudonvilleNY12211
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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 Loudonville at 8 Wedgewood Drive, Loudonville, NY, 12211 priced at $709,000 converts $1,320/mo rent into after a $3,470/mo obligation. Total monthly income equals $1,320/mo. Return on cash invested prints 2.5% in year one, and rental yield reads 2.23% against a $709,000 entry. Equity gained on principal adds $4,575/yr, while 5% annual appreciation compiles into $195,884 by year five. Five-year ROI reaches 10.08% and total cumulative return in cash sums $23,505. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,320/mo property income covering a $3,470/mo payment, not borrower’s personal income.
Single Family
Built in 2025
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12211, Albany, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,641 (100%) |
| Owner Occupied HU | 3,691 (79.5%) |
| Renter Occupied HU | 732 (15.8%) |
| Vacant Housing Units | 218 ( 4.7%) |
| Median Home Value | $409,371 |
| Average Home Value | $514,192 |
Housing Distribution
Address Breakdown
Residential
4,505
Single Family
4,474
Multi-Family
31
Businesses
407
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Listed by: Ferdinando Bruno • REMAX Solutions
Mls Name: Global MLS
Mls ID: #202520776