13 Summer Set DriveMontgomeryNY12549
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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
Investment property for sale in Montgomery at 13 Summer Set Drive, Montgomery, NY, 12549 uses $104,423 cash to close to unlock $14,355/yr annual cash flow and $1,196/mo monthly cash flow. Total monthly income runs $3,300/mo, and a $1,542/mo payment keeps the spread at $1,196/mo. Purchase price stands at $315,000, and rental yield measures 12.57% with $3,300/mo rent. Return on cash invested shows 33.66% in year one, and 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 177.23% and total cumulative return in cash records $185,069. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,300/mo property income covering a $1,542/mo payment rather than investor’s personal income.
Condo
Built in 1993
436 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12549, Montgomery, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,943 (100%) |
| Owner Occupied HU | 2,918 (74.0%) |
| Renter Occupied HU | 860 (21.8%) |
| Vacant Housing Units | 165 ( 4.2%) |
| Median Home Value | $464,516 |
| Average Home Value | $546,552 |
Housing Distribution
Address Breakdown
Residential
3,811
Single Family
3,683
Multi-Family
128
Businesses
477
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Listed by: Gina M De Cerbo • RE/MAX Benchmark Realty Group
Mls Name: OneKey MLS
Mls ID: #898787