1240 County Road 23NarrowsburgNY12764
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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 Narrowsburg at 1240 County Road 23, Narrowsburg, NY, 12764 offers a 29.47% rental yield on a $189,000 purchase with $4,642/mo rent. Total monthly income registers $4,642/mo, and a $925/mo payment leaves $3,380/mo available for distribution. Annual cash flow reaches $40,559/yr on $62,654 to close, and return on cash invested stands at 84.65% in year one. Equity gained on principal adds $1,220/yr while 5% annual appreciation supports $52,217 over five years. Portfolio math shows five-year ROI at 450.63% and total cumulative return in cash at $282,334. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,642/mo property income against a $925/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
5.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12764, Narrowsburg, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,556 (100%) |
| Owner Occupied HU | 701 (45.1%) |
| Renter Occupied HU | 156 (10.0%) |
| Vacant Housing Units | 699 (44.9%) |
| Median Home Value | $346,765 |
| Average Home Value | $435,934 |
Housing Distribution
Address Breakdown
Residential
948
Single Family
948
Multi-Family
0
Businesses
100
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Listed by: Dawn J Curreri • Eagle Valley Realty
Mls Name: PWAR
Mls Provider:
Mls ID: #PW241515
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.