16 Overlin RdPattersonNY12563
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Nearby investment properties with comparable prices
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 Patterson at 16 Overlin Rd, Patterson, NY, 12563 priced at $465,400 pairs $3,577/mo rent with $469/mo cash flow after a $2,278/mo payment. Total monthly income equals $3,577/mo, and annual cash flow comes to $5,628/yr on $154,280 invested. Return on cash invested is 23.56% in year one, and rental yield stands at 9.22% on a $465,400 basis. Equity gained on principal adds $3,003/yr, and 5% annual appreciation accumulates to $128,581 by year five. Five-year ROI measures 123.08% and total cumulative return in cash reaches $189,881. For financing, Ziffy Mortgage’s DSCR program evaluates $3,577/mo property income against a $2,278/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1999
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12563, Patterson, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,041 (100%) |
| Owner Occupied HU | 2,279 (74.9%) |
| Renter Occupied HU | 547 (18.0%) |
| Vacant Housing Units | 215 ( 7.1%) |
| Median Home Value | $431,675 |
| Average Home Value | $508,678 |
Housing Distribution
Address Breakdown
Residential
2,293
Single Family
2,293
Multi-Family
0
Businesses
266
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