156 Main 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 156 Main St, Philmont, NY, 12565 with 5% annual appreciation on a $224,700 basis while $2,842/mo rent supports operations. Total monthly income totals $2,842/mo and a $1,100/mo payment preserves $1,341/mo for cash returns. Annual cash flow comes to $16,095/yr on $74,488 deployed, and return on cash invested reaches 41.52% in year one. Equity gained on principal adds $1,450/yr, and five-year appreciation sums $62,080 alongside rental yield of 15.18%. Five-year ROI measures 219.38% and total cumulative return in cash totals $163,415.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,842/mo property income versus a $1,100/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1930
6,098 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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Listed by: Beth G. Cozzolino • Gabel Real Estate
Mls Name: Columbia Greene Northern Dutchess MLS
Mls Provider:
Mls ID: #153529
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.