9 Stonehenge SquareCohoesNY12047
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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 Cohoes at 9 Stonehenge Square, Cohoes, NY, 12047 priced at $304,800 pairs $2,350/mo rent with $314/mo cash flow after a $1,492/mo payment. Total monthly income equals $2,350/mo, and annual cash flow comes to $3,773/yr on $101,041 invested. Return on cash invested is 23.64% in year one, and rental yield stands at 9.25% on a $304,800 basis. Equity gained on principal adds $1,967/yr, and 5% annual appreciation accumulates to $84,211 by year five. Five-year ROI measures 123.52% and total cumulative return in cash reaches $124,807. For financing, Ziffy Mortgage’s DSCR program evaluates $2,350/mo property income against a $1,492/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1977
871.20 sqft 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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