13 3rd StFallsburgNY12789
Nearby investment properties with comparable rents
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
Rental property for sale in Fallsburg at 13 3rd St, Fallsburg, NY, 12789 priced at $495,000 converts $2,108/mo rent into after a $2,423/mo obligation. Total monthly income equals $2,108/mo. Return on cash invested prints 11.15% in year one, and rental yield reads 5.11% against a $495,000 entry. Equity gained on principal adds $3,194/yr, while 5% annual appreciation compiles into $136,759 by year five. Five-year ROI reaches 56.53% and total cumulative return in cash sums $92,758. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,108/mo property income covering a $2,423/mo payment, not borrower’s personal income.
Single Family
Built in 1954
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12789, Woodridge, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,692 (100%) |
| Owner Occupied HU | 404 (23.9%) |
| Renter Occupied HU | 377 (22.3%) |
| Vacant Housing Units | 911 (53.8%) |
| Median Home Value | $219,355 |
| Average Home Value | $323,527 |
Housing Distribution
Address Breakdown
Residential
956
Single Family
956
Multi-Family
0
Businesses
76
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices