99 Spoorenburgh RdAthensNY12015
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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
Investment property for sale in Athens at 99 Spoorenburgh Rd, Athens, NY, 12015 offers a 7.62% rental yield on a $389,000 purchase with $2,470/mo rent. 72% in year one. Equity gained on principal adds $2,510/yr while 5% annual appreciation supports $107,474 over five years. Portfolio math shows five-year ROI at 97.13% and total cumulative return in cash at $125,250. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,470/mo property income against a $1,904/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1840
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12015, Athens, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,229 (100%) |
| Owner Occupied HU | 1,314 (59.0%) |
| Renter Occupied HU | 315 (14.1%) |
| Vacant Housing Units | 600 (26.9%) |
| Median Home Value | $322,251 |
| Average Home Value | $391,429 |
Housing Distribution
Address Breakdown
Residential
1,706
Single Family
1,674
Multi-Family
32
Businesses
98
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