15 Prospect StPhilmontNY12565
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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 Philmont at 15 Prospect St, Philmont, NY, 12565 uses $69,615 cash to close to unlock $282/yr annual cash flow and $24/mo monthly cash flow. Total monthly income runs $1,426/mo, and a $1,028/mo payment keeps the spread at $24/mo. Purchase price stands at $210,000, and rental yield measures 8.15% with $1,426/mo rent. Return on cash invested shows 20.31% in year one, and 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 105.69% and total cumulative return in cash records $73,576. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,426/mo property income covering a $1,028/mo payment rather than investor’s personal income.
Single Family
Built in 1895
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12565, Philmont, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 495 (100%) |
| Owner Occupied HU | 211 (42.6%) |
| Renter Occupied HU | 201 (40.6%) |
| Vacant Housing Units | 83 (16.8%) |
| Median Home Value | $223,611 |
| Average Home Value | $345,557 |
Housing Distribution
Address Breakdown
Residential
33
Single Family
1
Multi-Family
32
Businesses
52
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