111 Cross RoadGilboaNY12076
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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 Gilboa at 111 Cross Road, Gilboa, NY, 12076 listed at $170,000 pairs $1,278/mo rent with a $832/mo payment to leave $143/mo cash flow. Total monthly income runs $1,278/mo, and annual cash flow reaches $1,714/yr on $56,355 cash to close. Return on cash invested measures 22.95% in year one, and rental yield registers 9.02% at a $170,000 basis. Equity gained on principal adds $1,097/yr, and annual property appreciation at 5% supports $46,968 by year five. Five-year ROI tracks 119.81% and total cumulative return in cash totals $67,521. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,278/mo property income relative to a $832/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in N/A
8.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12076, Gilboa, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,314 (100%) |
| Owner Occupied HU | 539 (41.0%) |
| Renter Occupied HU | 55 ( 4.2%) |
| Vacant Housing Units | 720 (54.8%) |
| Median Home Value | $243,952 |
| Average Home Value | $264,147 |
Housing Distribution
Address Breakdown
Residential
739
Single Family
739
Multi-Family
0
Businesses
29
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Listed by: Brian Cohen • RHR Realty Group
Mls Name: HVCRMLS
Mls Provider:
Mls ID: #156980
Disclaimer: IDX information 2025 by the Hudson Valley Catskill Region MLS. All Rights Reserved. The data relating to real estate on this website comes in part from the IDX of the Hudson Valley Catskill Region MLS. Information is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.