128 Newcut RoadBearsvilleNY12409
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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 Bearsville at 128 Newcut Road, Bearsville, NY, 12409 generates $3,800/mo in rent, after a $8,565/mo payment. Total monthly income is $3,800/mo. Return on cash invested sits at 3.68% in year one, and rental yield is 2.61% on a $1,750,000 entry. Equity gained on principal adds $11,292/yr, while 5% annual appreciation builds toward $483,493 over five years. Five-year ROI reaches 16.38% and total cumulative return in cash sums $92,865. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,800/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
35.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12409, Bearsville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 920 (100%) |
| Owner Occupied HU | 562 (61.1%) |
| Renter Occupied HU | 117 (12.7%) |
| Vacant Housing Units | 241 (26.2%) |
| Median Home Value | $723,118 |
| Average Home Value | $850,890 |
Housing Distribution
Address Breakdown
Residential
374
Single Family
374
Multi-Family
0
Businesses
45
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Listed by: Heidi Maloney • Four Seasons Sothebys Intl
Mls Name: OneKey MLS
Mls ID: #896885