148 Old Ravena Rd #A12SelkirkNY12158
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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 Selkirk at 148 Old Ravena Rd #A12, Selkirk, NY, 12158 uses $36,465 cash to close to unlock $13,870/yr annual cash flow and $1,156/mo monthly cash flow. Total monthly income runs $1,890/mo, and a $538/mo payment keeps the spread at $1,156/mo. Purchase price stands at $110,000, and rental yield measures 20.62% with $1,890/mo rent. Return on cash invested shows 57.95% in year one, and 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 307.46% and total cumulative return in cash records $112,116. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,890/mo property income covering a $538/mo payment rather than investor’s personal income.
Manufactured
Built in 2021
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12158, Selkirk, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,816 (100%) |
| Owner Occupied HU | 1,916 (68.0%) |
| Renter Occupied HU | 738 (26.2%) |
| Vacant Housing Units | 162 ( 5.8%) |
| Median Home Value | $346,214 |
| Average Home Value | $388,338 |
Housing Distribution
Address Breakdown
Residential
2,690
Single Family
2,690
Multi-Family
0
Businesses
89
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Listed by: Steven Bruno • Welcome Home Realty Group
Mls Name: Columbia Greene Northern Dutchess MLS
Mls Provider:
Mls ID: #154323
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