105 Wood Ave #1MonticelloNY12701
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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 Monticello at 105 Wood Ave #1, Monticello, NY, 12701 generates $4,127/mo in rent and, after a $1,708/mo payment, leaves $1,797/mo in cash flow. Total monthly income is $4,127/mo, and annual cash flow is $21,559/yr on $115,694 invested. Return on cash invested sits at 38.54% in year one, and rental yield is 14.19% on a $349,000 entry. Equity gained on principal adds $2,252/yr, while 5% annual appreciation builds toward $96,422 over five years. Five-year ROI reaches 203.42% and total cumulative return in cash sums $235,344. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,127/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12701, Monticello, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,397 (100%) |
| Owner Occupied HU | 2,153 (25.6%) |
| Renter Occupied HU | 3,221 (38.4%) |
| Vacant Housing Units | 3,023 (36.0%) |
| Median Home Value | $262,260 |
| Average Home Value | $318,832 |
Housing Distribution
Address Breakdown
Residential
5,858
Single Family
4,786
Multi-Family
1,072
Businesses
707
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Listed by: David Weinstock • DAVID W REALTY INC
Mls Name: NY State MLS
Mls ID: #11291555