1483 Castleridge RoadCastletonNY12033
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 1483 Castleridge Road, Castleton, NY, 12033 in Castleton is narrow, $16/mo net on $3,392/mo rent after the $2,385/mo debt service, but the property operates at break-even-plus, not a loss. At $530,328 with a 8.06% yield, the long-run equity case via 5% appreciation ($146,520 over five years) and $4,884/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.42 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $192,326.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 6.2% |
| Monthly Cash Flow | $16 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $3,392 |
| Total Monthly Debt Service | $3,335 |
| DSCR Ratio | 1.02x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2024
0.50 Acres lot
$N/A/sqft
$60 annually HOA
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
Single Family
Built in 2024
0.50 Acres lot
$N/A/sqft
$60 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: John W Mesko • Coldwell Banker Prime Properties
Mls Name: Global MLS
Mls Provider:
Mls ID: #202510630
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. Judy Moriarty, Zillow, Inc., Corp. Broker