100 Old Mine RdKerhonksonNY12446
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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 Kerhonkson at 100 Old Mine Rd, Kerhonkson, NY, 12446 priced at $259,000 converts $1,791/mo rent into $61/mo cash flow after a $1,268/mo obligation. Total monthly income equals $1,791/mo, and annual cash flow totals $733/yr on $85,859 invested. Return on cash invested prints 20.76% in year one, and rental yield reads 8.3% against a $259,000 entry. Equity gained on principal adds $1,671/yr, while 5% annual appreciation compiles into $71,557 by year five. Five-year ROI reaches 108.13% and total cumulative return in cash sums $92,836. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,791/mo property income covering a $1,268/mo payment, not borrower’s personal income.
Manufactured
Built in 1980
3.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12446, Kerhonkson, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,820 (100%) |
| Owner Occupied HU | 1,564 (55.5%) |
| Renter Occupied HU | 476 (16.9%) |
| Vacant Housing Units | 780 (27.7%) |
| Median Home Value | $384,211 |
| Average Home Value | $449,800 |
Housing Distribution
Address Breakdown
Residential
2,203
Single Family
2,203
Multi-Family
0
Businesses
105
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Listed by: Charlie Fischer • RED BARN REALTY OF ULSTER
Mls Name: NY State MLS
Mls ID: #11455933