156 Mercer Mountain RoadEast ChathamNY12060
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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 East Chatham at 156 Mercer Mountain Road, East Chatham, NY, 12060 with 5% annual appreciation on a $725,000 basis while $1,560/mo rent supports operations. 55% in year one. Equity gained on principal adds $4,678/yr, and five-year appreciation sums $200,304 alongside rental yield of 2.58%. Five-year ROI measures 15.74% and total cumulative return in cash totals $37,553. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,560/mo property income versus a $3,549/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2005
6.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12060, East Chatham, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 856 (100%) |
| Owner Occupied HU | 517 (60.4%) |
| Renter Occupied HU | 121 (14.1%) |
| Vacant Housing Units | 218 (25.5%) |
| Median Home Value | $408,252 |
| Average Home Value | $565,382 |
Housing Distribution
Address Breakdown
Residential
647
Single Family
647
Multi-Family
0
Businesses
35
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Listed by: Terry Cozzolino • Cozzolino Real Estate Inc
Mls Name: HVCRMLS
Mls ID: #20253241