1301 Mountain AvePurlingNY12470
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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 Purling at 1301 Mountain Ave, Purling, NY, 12470 offers $3,828/mo rent that, after a $1,295/mo payment, leaves $2,061/mo cash flow. Total monthly income is $3,828/mo, and annual cash flow is $24,736/yr on $87,682 cash. Return on cash invested measures 48.12% in year one, and rental yield stands at 17.37% at a $264,500 entry. Equity gained on principal adds $1,707/yr while 5% annual appreciation compounds into $73,076 by year five. Five-year ROI records 254.81% and total cumulative return in cash reaches $223,418. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,828/mo property income versus a $1,295/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
7.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12470, Purling, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 369 (100%) |
| Owner Occupied HU | 207 (56.1%) |
| Renter Occupied HU | 84 (22.8%) |
| Vacant Housing Units | 78 (21.1%) |
| Median Home Value | $269,444 |
| Average Home Value | $310,519 |
Housing Distribution
Address Breakdown
Residential
285
Single Family
285
Multi-Family
0
Businesses
1
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Listed by: Patricia Meyers • Lake and Mountain Realty, LLC
Mls Name: Columbia Greene Northern Dutchess MLS
Mls Provider:
Mls ID: #154812
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.