109 Summit AveCatskillNY12414
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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 Catskill at 109 Summit Ave, Catskill, NY, 12414 uses $72,599 cash to close to unlock $16,697/yr annual cash flow and $1,391/mo monthly cash flow. Total monthly income runs $2,854/mo, and a $1,072/mo payment keeps the spread at $1,391/mo. Purchase price stands at $219,000, and rental yield measures 15.64% with $2,854/mo rent. Return on cash invested shows 42.91% in year one, and 5% annual appreciation builds toward $60,506 over five years. Five-year ROI reaches 226.84% and total cumulative return in cash records $164,685. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,854/mo property income covering a $1,072/mo payment rather than investor’s personal income.
Single Family
Built in 1908
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12414, Catskill, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,004 (100%) |
| Owner Occupied HU | 3,023 (50.3%) |
| Renter Occupied HU | 1,862 (31.0%) |
| Vacant Housing Units | 1,119 (18.6%) |
| Median Home Value | $273,775 |
| Average Home Value | $338,299 |
Housing Distribution
Address Breakdown
Residential
4,732
Single Family
4,536
Multi-Family
196
Businesses
470
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Listed by: Ina Griffin-Guilzon • Keller Williams Hudson Valley
Mls Name: Columbia Greene Northern Dutchess MLS
Mls Provider:
Mls ID: #155112
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