115 Marjorie Lane UNIT 3MiddleburghNY12122
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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 Middleburgh at 115 Marjorie Lane UNIT 3, Middleburgh, NY, 12122 offers $2,253/mo rent that, after a $1,591/mo payment, leaves $82/mo cash flow. Total monthly income is $2,253/mo, and annual cash flow is $989/yr on $107,738 cash. Return on cash invested measures 20.83% in year one, and rental yield stands at 8.32% at a $325,000 entry. Equity gained on principal adds $2,097/yr while 5% annual appreciation compounds into $89,792 by year five. Five-year ROI records 108.42% and total cumulative return in cash reaches $116,809. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,253/mo property income versus a $1,591/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2022
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12122, Middleburgh, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,465 (100%) |
| Owner Occupied HU | 1,395 (56.6%) |
| Renter Occupied HU | 388 (15.7%) |
| Vacant Housing Units | 682 (27.7%) |
| Median Home Value | $222,361 |
| Average Home Value | $265,799 |
Housing Distribution
Address Breakdown
Residential
1,607
Single Family
1,607
Multi-Family
0
Businesses
103
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Listed by: Bruce Bartolotto • Coldwell Banker Prime Properties
Mls Name: Global MLS
Mls ID: #202527764