129 Birch LaneMillertonNY12546
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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 Millerton at 129 Birch Lane, Millerton, NY, 12546 generates $1,789/mo in rent and, after a $1,297/mo payment, leaves $19/mo in cash flow. Total monthly income is $1,789/mo, and annual cash flow is $233/yr on $87,848 invested. Return on cash invested sits at 20.17% in year one, and rental yield is 8.1% on a $265,000 entry. Equity gained on principal adds $1,710/yr, while 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 104.93% and total cumulative return in cash sums $92,175. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,789/mo property income rather than buyer’s personal income.
Manufactured
Built in 1997
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12546, Millerton, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,556 (100%) |
| Owner Occupied HU | 831 (53.4%) |
| Renter Occupied HU | 403 (25.9%) |
| Vacant Housing Units | 322 (20.7%) |
| Median Home Value | $447,037 |
| Average Home Value | $646,221 |
Housing Distribution
Address Breakdown
Residential
1,049
Single Family
1,049
Multi-Family
0
Businesses
174
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