15 Dewitt DriveSaugertiesNY12477
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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 Saugerties at 15 Dewitt Drive, Saugerties, NY, 12477 priced at $622,000 converts $5,449/mo rent into $1,296/mo cash flow after a $3,044/mo obligation. Total monthly income equals $5,449/mo, and annual cash flow totals $15,549/yr on $204,638 invested. Return on cash invested prints 27.66% in year one, and rental yield reads 10.51% against a $622,000 entry. Equity gained on principal adds $4,014/yr, while 5% annual appreciation compiles into $171,847 by year five. Five-year ROI reaches 145.01% and total cumulative return in cash sums $296,743. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,449/mo property income covering a $3,044/mo payment, not borrower’s personal income.
Single Family
Built in 1965
2.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12477, Saugerties, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,371 (100%) |
| Owner Occupied HU | 5,521 (58.9%) |
| Renter Occupied HU | 2,577 (27.5%) |
| Vacant Housing Units | 1,273 (13.6%) |
| Median Home Value | $404,275 |
| Average Home Value | $469,723 |
Housing Distribution
Address Breakdown
Residential
8,684
Single Family
8,360
Multi-Family
324
Businesses
607
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Listed by: Marilyn Heir • BHHS HUDSON VALLEY PROP-WDST
Mls Name: UCBR
Mls Provider:
Mls ID: #20243844
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