16 Kerness RdEllenvilleNY12428
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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 Ellenville at 16 Kerness Rd, Ellenville, NY, 12428 priced at $155,000 converts $1,197/mo rent into $162/mo cash flow after a $759/mo obligation. Total monthly income equals $1,197/mo, and annual cash flow totals $1,939/yr on $51,383 invested. Return on cash invested prints 23.68% in year one, and rental yield reads 9.27% against a $155,000 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation compiles into $42,824 by year five. Five-year ROI reaches 123.76% and total cumulative return in cash sums $63,592. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,197/mo property income covering a $759/mo payment, not borrower’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12428, Ellenville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,660 (100%) |
| Owner Occupied HU | 1,339 (36.6%) |
| Renter Occupied HU | 1,381 (37.7%) |
| Vacant Housing Units | 940 (25.7%) |
| Median Home Value | $253,611 |
| Average Home Value | $312,115 |
Housing Distribution
Address Breakdown
Residential
2,846
Single Family
2,520
Multi-Family
326
Businesses
322
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Nearby investment properties with comparable prices
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