14 Palm DriveBloomingburgNY12721
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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 Bloomingburg at 14 Palm Drive, Bloomingburg, NY, 12721 generates $1,160/mo in rent and, after a $734/mo payment, leaves $159/mo in cash flow. Total monthly income is $1,160/mo, and annual cash flow is $1,902/yr on $49,725 invested. Return on cash invested sits at 23.73% in year one, and rental yield is 9.28% on a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 124.05% and total cumulative return in cash sums $61,686. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,160/mo property income rather than buyer’s personal income.
Manufactured
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12721, Bloomingburg, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,054 (100%) |
| Owner Occupied HU | 2,040 (66.8%) |
| Renter Occupied HU | 603 (19.7%) |
| Vacant Housing Units | 411 (13.5%) |
| Median Home Value | $350,820 |
| Average Home Value | $375,200 |
Housing Distribution
Address Breakdown
Residential
2,569
Single Family
2,569
Multi-Family
0
Businesses
109
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Listed by: Kerri F Stretch • Howard Hanna Rand Realty
Mls Name: OneKey MLS
Mls ID: #944508