136 Gillen RdMiddletownNY10940
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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 Middletown at 136 Gillen Rd, Middletown, NY, 10940 with 5% annual appreciation on a $329,000 basis while $3,077/mo rent supports operations. Total monthly income totals $3,077/mo and a $1,610/mo payment preserves $880/mo for cash returns. Annual cash flow comes to $10,563/yr on $109,064 deployed, and return on cash invested reaches 29.59% in year one. Equity gained on principal adds $2,123/yr, and five-year appreciation sums $90,897 alongside rental yield of 11.22%. Five-year ROI measures 155.46% and total cumulative return in cash totals $169,545.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,077/mo property income versus a $1,610/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1955
0.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10940, Middletown, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,106 (100%) |
| Owner Occupied HU | 11,235 (50.8%) |
| Renter Occupied HU | 9,173 (41.5%) |
| Vacant Housing Units | 1,698 ( 7.7%) |
| Median Home Value | $373,304 |
| Average Home Value | $435,188 |
Housing Distribution
Address Breakdown
Residential
20,289
Single Family
18,069
Multi-Family
2,220
Businesses
1,629
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Listed by: Maureen Cronin • CRONIN & COMPANY REAL ESTATE
Mls Name: NY State MLS
Mls ID: #11588716