15 Summit AvenueCatskillNY12414
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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 Catskill at 15 Summit Avenue, Catskill, NY, 12414 priced at $525,000 converts $3,131/mo rent into after a $2,570/mo obligation. Total monthly income equals $3,131/mo. Return on cash invested prints 17.45% in year one, and rental yield reads 7.16% against a $525,000 entry. Equity gained on principal adds $3,388/yr, while 5% annual appreciation compiles into $145,048 by year five. Five-year ROI reaches 90.29% and total cumulative return in cash sums $155,949. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,131/mo property income covering a $2,570/mo payment, not borrower’s personal income.
Single Family
Built in 1880
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12414, Catskill, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,004 (100%) |
| Owner Occupied HU | 3,023 (50.3%) |
| Renter Occupied HU | 1,862 (31.0%) |
| Vacant Housing Units | 1,119 (18.6%) |
| Median Home Value | $273,775 |
| Average Home Value | $338,299 |
Housing Distribution
Address Breakdown
Residential
4,732
Single Family
4,536
Multi-Family
196
Businesses
470
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Listed by: Leigh Bokser • Compass Greater NY, LLC
Mls Name: UCBR
Mls Provider:
Mls ID: #20250866
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