11 Altamont RdBloomingburgNY12721
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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 Bloomingburg at 11 Altamont Rd, Bloomingburg, NY, 12721 priced at $420,000 pairs $3,997/mo rent with $1,192/mo cash flow after a $2,056/mo payment. Total monthly income equals $3,997/mo, and annual cash flow comes to $14,304/yr on $139,230 invested. Return on cash invested is 30.18% in year one, and rental yield stands at 11.42% on a $420,000 basis. Equity gained on principal adds $2,710/yr, and 5% annual appreciation accumulates to $116,038 by year five. Five-year ROI measures 158.57% and total cumulative return in cash reaches $220,783. For financing, Ziffy Mortgage’s DSCR program evaluates $3,997/mo property income against a $2,056/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2000
0.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12721, Bloomingburg, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,054 (100%) |
| Owner Occupied HU | 2,040 (66.8%) |
| Renter Occupied HU | 603 (19.7%) |
| Vacant Housing Units | 411 (13.5%) |
| Median Home Value | $350,820 |
| Average Home Value | $375,200 |
Housing Distribution
Address Breakdown
Residential
2,569
Single Family
2,569
Multi-Family
0
Businesses
109
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Listed by: Frank Pietrzak • ABSOLUTE AUCTION AND REALTY INC
Mls Name: NY State MLS
Mls ID: #11601283