1179 Route 66GhentNY12075
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 Ghent at 1179 Route 66, Ghent, NY, 12075 uses $101,108 cash to close to unlock $27,037/yr annual cash flow and $2,253/mo monthly cash flow. Total monthly income runs $4,290/mo, and a $1,493/mo payment keeps the spread at $2,253/mo. Purchase price stands at $305,000, and rental yield measures 16.88% with $4,290/mo rent. Return on cash invested shows 46.65% in year one, and 5% annual appreciation builds toward $84,266 over five years. Five-year ROI reaches 246.92% and total cumulative return in cash records $249,658. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,290/mo property income covering a $1,493/mo payment rather than investor’s personal income.
Single Family
Built in 1965
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12075, Ghent, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,538 (100%) |
| Owner Occupied HU | 1,061 (69.0%) |
| Renter Occupied HU | 224 (14.6%) |
| Vacant Housing Units | 253 (16.4%) |
| Median Home Value | $404,009 |
| Average Home Value | $501,975 |
Housing Distribution
Address Breakdown
Residential
1,245
Single Family
1,245
Multi-Family
0
Businesses
109
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Angela Lanuto, RSPS • Coldwell Banker Village Green
Mls Name: HVCRMLS
Mls Provider:
Mls ID: #20252221
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.