1420 Route 83Pine PlainsNY12567
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
Investment property for sale in Pine Plains at 1420 Route 83, Pine Plains, NY, 12567 at $439,000 posts ROI 49.17% with $3,549/mo cash flow from $6,481/mo rent. Total monthly income equals $6,481/mo, and annual cash flow records $42,589/yr on $145,529 to close. Return on cash invested measures 49.17% and rental yield reads 17.72% at the current $439,000. Equity gained on principal adds $2,833/yr, and 5% annual appreciation supports $121,288 by year five. Five-year ROI prints 260.45% and total cumulative return in cash totals $379,028.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,481/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1865
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12567, Pine Plains, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,525 (100%) |
| Owner Occupied HU | 938 (61.5%) |
| Renter Occupied HU | 293 (19.2%) |
| Vacant Housing Units | 294 (19.3%) |
| Median Home Value | $421,805 |
| Average Home Value | $554,861 |
Housing Distribution
Address Breakdown
Residential
1,114
Single Family
1,114
Multi-Family
0
Businesses
115
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Nearby investment properties with comparable prices
Listed by: Adam Ecker • ECKER ADAM D
Mls Name: NY State MLS
Mls ID: #11328560