1133 Platte Clove RdElka ParkNY12427
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Elka Park at 1133 Platte Clove Rd, Elka Park, NY, 12427 with 5% annual appreciation on a $168,000 basis while $3,175/mo rent supports operations. Total monthly income totals $3,175/mo and a $822/mo payment preserves $2,053/mo for cash returns. Annual cash flow comes to $24,641/yr on $55,692 deployed, and return on cash invested reaches 64.15% in year one. Equity gained on principal adds $1,084/yr, and five-year appreciation sums $46,415 alongside rental yield of 22.68%. Five-year ROI measures 340.78% and total cumulative return in cash totals $189,785.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,175/mo property income versus a $822/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12427, Elka Park, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 474 (100%) |
| Owner Occupied HU | 147 (31.0%) |
| Renter Occupied HU | 69 (14.6%) |
| Vacant Housing Units | 258 (54.4%) |
| Median Home Value | $280,833 |
| Average Home Value | $368,333 |
Housing Distribution
Address Breakdown
Residential
85
Single Family
85
Multi-Family
0
Businesses
10
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Patricia Macaluso • Living Structures
Mls Name: Columbia Greene Northern Dutchess MLS
Mls Provider:
Mls ID: #154971
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.