123 Haviland DrPattersonNY12563
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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 Patterson at 123 Haviland Dr, Patterson, NY, 12563 priced at $569,700 converts $2,713/mo rent into after a $2,788/mo obligation. Total monthly income equals $2,713/mo. Return on cash invested prints 13.08% in year one, and rental yield reads 5.71% against a $569,700 entry. Equity gained on principal adds $3,676/yr, while 5% annual appreciation compiles into $157,398 by year five. Five-year ROI reaches 66.83% and total cumulative return in cash sums $125,259. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,713/mo property income covering a $2,788/mo payment, not borrower’s personal income.
Multi Family
Built in 1940
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12563, Patterson, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,041 (100%) |
| Owner Occupied HU | 2,279 (74.9%) |
| Renter Occupied HU | 547 (18.0%) |
| Vacant Housing Units | 215 ( 7.1%) |
| Median Home Value | $431,675 |
| Average Home Value | $508,678 |
Housing Distribution
Address Breakdown
Residential
2,293
Single Family
2,293
Multi-Family
0
Businesses
266
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