119 Stringham Road #55LagrangevilleNY12540
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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
Investment property for sale in Lagrangeville at 119 Stringham Road #55, Lagrangeville, NY, 12540 offers a 9.6% rental yield on a $375,000 purchase with $3,000/mo rent. Total monthly income registers $3,000/mo, and a $1,835/mo payment leaves $496/mo available for distribution. Annual cash flow reaches $5,955/yr on $124,313 to close, and return on cash invested stands at 24.7% in year one. Equity gained on principal adds $2,420/yr while 5% annual appreciation supports $103,606 over five years. Portfolio math shows five-year ROI at 129.2% and total cumulative return in cash at $160,611. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,000/mo property income against a $1,835/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1987
871 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12540, Lagrangeville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,869 (100%) |
| Owner Occupied HU | 2,386 (83.2%) |
| Renter Occupied HU | 313 (10.9%) |
| Vacant Housing Units | 170 ( 5.9%) |
| Median Home Value | $563,462 |
| Average Home Value | $595,583 |
Housing Distribution
Address Breakdown
Residential
2,796
Single Family
2,770
Multi-Family
26
Businesses
304
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Listed by: AnnaMarie Croniser • Houlihan Lawrence Inc.
Mls Name: OneKey MLS
Mls ID: #928683