Lot 25 Windrow WayMechanicvilleNY12118
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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 Mechanicville at Lot 25 Windrow Way, Mechanicville, NY, 12118 priced at $692,100 converts $2,034/mo rent into after a $3,387/mo obligation. Total monthly income equals $2,034/mo. Return on cash invested prints 6.43% in year one, and rental yield reads 3.53% against a $692,100 entry. Equity gained on principal adds $4,466/yr, while 5% annual appreciation compiles into $191,214 by year five. Five-year ROI reaches 31.14% and total cumulative return in cash sums $70,915. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,034/mo property income covering a $3,387/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12118, Mechanicville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,358 (100%) |
| Owner Occupied HU | 5,056 (54.0%) |
| Renter Occupied HU | 3,460 (37.0%) |
| Vacant Housing Units | 842 ( 9.0%) |
| Median Home Value | $388,614 |
| Average Home Value | $445,691 |
Housing Distribution
Address Breakdown
Residential
7,595
Single Family
7,330
Multi-Family
265
Businesses
282
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Listed by: Susan E Dawkins • Rob Mar Realty Inc
Mls Name: Global MLS
Mls ID: #202529660