116 South StreetRosendaleNY12472
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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 Rosendale at 116 South Street, Rosendale, NY, 12472 priced at $215,000 converts $1,476/mo rent into $41/mo cash flow after a $1,052/mo obligation. Total monthly income equals $1,476/mo, and annual cash flow totals $487/yr on $71,273 invested. Return on cash invested prints 20.59% in year one, and rental yield reads 8.24% against a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation compiles into $59,401 by year five. Five-year ROI reaches 107.17% and total cumulative return in cash sums $76,381. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,476/mo property income covering a $1,052/mo payment, not borrower’s personal income.
Single Family
Built in 1970
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12472, Rosendale, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 961 (100%) |
| Owner Occupied HU | 607 (63.2%) |
| Renter Occupied HU | 197 (20.5%) |
| Vacant Housing Units | 157 (16.3%) |
| Median Home Value | $378,390 |
| Average Home Value | $450,177 |
Housing Distribution
Address Breakdown
Residential
561
Single Family
521
Multi-Family
40
Businesses
78
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