957 Knox Cave RdAltamontNY12009
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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 Altamont at 957 Knox Cave Rd, Altamont, NY, 12009 priced at $228,000 pairs $2,749/mo rent with $1,226/mo cash flow after a $1,116/mo payment. Total monthly income equals $2,749/mo, and annual cash flow comes to $14,717/yr on $75,582 invested. Return on cash invested is 39.38% in year one, and rental yield stands at 14.47% on a $228,000 basis. Equity gained on principal adds $1,471/yr, and 5% annual appreciation accumulates to $62,992 by year five. Five-year ROI measures 207.94% and total cumulative return in cash reaches $157,167. For financing, Ziffy Mortgage’s DSCR program evaluates $2,749/mo property income against a $1,116/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1974
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12009, Altamont, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,685 (100%) |
| Owner Occupied HU | 2,442 (66.3%) |
| Renter Occupied HU | 1,020 (27.7%) |
| Vacant Housing Units | 223 ( 6.1%) |
| Median Home Value | $397,480 |
| Average Home Value | $429,887 |
Housing Distribution
Address Breakdown
Residential
3,023
Single Family
2,862
Multi-Family
161
Businesses
168
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