994 Albany TpkeOld ChathamNY12136
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
Investment property for sale in Old Chatham at 994 Albany Tpke, Old Chatham, NY, 12136 offers a 8.83% rental yield on a $638,851 purchase with $4,702/mo rent. Total monthly income registers $4,702/mo, and a $3,127/mo payment leaves $436/mo available for distribution. Annual cash flow reaches $5,229/yr on $210,182 to close, and return on cash invested stands at 22.55% in year one. Equity gained on principal adds $4,122/yr while 5% annual appreciation supports $176,503 over five years. Portfolio math shows five-year ROI at 117.61% and total cumulative return in cash at $247,193. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,702/mo property income against a $3,127/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1838
26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12136, Old Chatham, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 564 (100%) |
| Owner Occupied HU | 354 (62.8%) |
| Renter Occupied HU | 86 (15.2%) |
| Vacant Housing Units | 124 (22.0%) |
| Median Home Value | $448,936 |
| Average Home Value | $627,790 |
Housing Distribution
Address Breakdown
Residential
425
Single Family
425
Multi-Family
0
Businesses
43
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