924 River RoadSchodack LandingNY12156
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
Rental property for sale in Schodack Landing at 924 River Road, Schodack Landing, NY, 12156 generates $1,720/mo in rent and, after a $1,223/mo payment, leaves $51/mo in cash flow. Total monthly income is $1,720/mo, and annual cash flow is $616/yr on $82,842 invested. Return on cash invested sits at 20.65% in year one, and rental yield is 8.26% on a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 107.51% and total cumulative return in cash sums $89,066. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,720/mo property income rather than buyer’s personal income.
Single Family
Built in 1850
0.87 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12156, Schodack Landing, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 390 (100%) |
| Owner Occupied HU | 279 (71.5%) |
| Renter Occupied HU | 51 (13.1%) |
| Vacant Housing Units | 60 (15.4%) |
| Median Home Value | $278,529 |
| Average Home Value | $324,901 |
Housing Distribution
Address Breakdown
Residential
351
Single Family
351
Multi-Family
0
Businesses
7
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Wayne A Newcomb, Jr. • Newcomb Realty Group LLC
Mls Name: Global MLS
Mls ID: #202527515