90 Commonwealth DriveGlenmontNY12077
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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 Glenmont at 90 Commonwealth Drive, Glenmont, NY, 12077 priced at $400,000 converts $3,157/mo rent into $486/mo cash flow after a $1,958/mo obligation. Total monthly income equals $3,157/mo, and annual cash flow totals $5,828/yr on $132,600 invested. Return on cash invested prints 24.3% in year one, and rental yield reads 9.47% against a $400,000 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation compiles into $110,513 by year five. Five-year ROI reaches 127.05% and total cumulative return in cash sums $168,472. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,157/mo property income covering a $1,958/mo payment, not borrower’s personal income.
Townhouse
Built in 1986
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12077, Glenmont, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,744 (100%) |
| Owner Occupied HU | 1,970 (71.8%) |
| Renter Occupied HU | 645 (23.5%) |
| Vacant Housing Units | 129 ( 4.7%) |
| Median Home Value | $375,988 |
| Average Home Value | $394,869 |
Housing Distribution
Address Breakdown
Residential
2,824
Single Family
2,677
Multi-Family
147
Businesses
239
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