115 Chestnut AvenueNew WindsorNY12553
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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 New Windsor at 115 Chestnut Avenue, New Windsor, NY, 12553 generates $1,491/mo in rent and, after a $1,069/mo payment, leaves $33/mo in cash flow. Total monthly income is $1,491/mo, and annual cash flow is $390/yr on $72,400 invested. Return on cash invested sits at 20.45% in year one, and rental yield is 8.19% on a $218,400 entry. Equity gained on principal adds $1,409/yr, while 5% annual appreciation builds toward $60,340 over five years. Five-year ROI reaches 106.39% and total cumulative return in cash sums $77,029. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,491/mo property income rather than buyer’s personal income.
Single Family
Built in 1953
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12553, New Windsor, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,284 (100%) |
| Owner Occupied HU | 6,954 (61.6%) |
| Renter Occupied HU | 3,610 (32.0%) |
| Vacant Housing Units | 720 ( 6.4%) |
| Median Home Value | $393,937 |
| Average Home Value | $444,184 |
Housing Distribution
Address Breakdown
Residential
10,582
Single Family
9,451
Multi-Family
1,131
Businesses
814
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Listed by: Brian T. Smith • River Realty Services, Inc.
Mls Name: OneKey MLS
Mls ID: #889133