1560 Cty #RT2PrattsvilleNY12468
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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 Prattsville at 1560 Cty #RT2, Prattsville, NY, 12468 offers a 9.95% rental yield on a $275,000 purchase with $2,280/mo rent. Total monthly income registers $2,280/mo, and a $1,346/mo payment leaves $444/mo available for distribution. Annual cash flow reaches $5,323/yr on $91,163 to close, and return on cash invested stands at 25.75% in year one. Equity gained on principal adds $1,775/yr while 5% annual appreciation supports $75,977 over five years. Portfolio math shows five-year ROI at 134.8% and total cumulative return in cash at $122,891. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,280/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2006
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12468, Prattsville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,309 (100%) |
| Owner Occupied HU | 520 (39.7%) |
| Renter Occupied HU | 148 (11.3%) |
| Vacant Housing Units | 641 (49.0%) |
| Median Home Value | $265,972 |
| Average Home Value | $321,370 |
Housing Distribution
Address Breakdown
Residential
552
Single Family
507
Multi-Family
45
Businesses
36
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Listed by: Frances Clark • BUNCE REALTY
Mls Name: NY State MLS
Mls ID: #11504659