118 Biruk RoadMargaretvilleNY12455
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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 Margaretville at 118 Biruk Road, Margaretville, NY, 12455 offers a 14.26% rental yield on a $665,000 purchase with $7,903/mo rent. Total monthly income registers $7,903/mo, and a $3,255/mo payment leaves $3,462/mo available for distribution. Annual cash flow reaches $41,545/yr on $218,785 to close, and return on cash invested stands at 39.05% in year one. Equity gained on principal adds $4,291/yr while 5% annual appreciation supports $183,727 over five years. Portfolio math shows five-year ROI at 206.11% and total cumulative return in cash at $450,943. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $7,903/mo property income against a $3,255/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
25.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12455, Margaretville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,424 (100%) |
| Owner Occupied HU | 571 (40.1%) |
| Renter Occupied HU | 188 (13.2%) |
| Vacant Housing Units | 665 (46.7%) |
| Median Home Value | $328,175 |
| Average Home Value | $374,457 |
Housing Distribution
Address Breakdown
Residential
548
Single Family
548
Multi-Family
0
Businesses
97
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Listed by: Katherine Keys • The Catskill Dream Team
Mls Name: UCBR
Mls Provider:
Mls ID: #20242441
Disclaimer: IDX information 2024 by the Multiple Listing Service of Ulster County, Inc. All Rights Reserved. The data relating to real estate on this website comes in part from the IDX of the Multiple Listing Service of Ulster County, Inc. 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.