16 Summerside AveElizavilleNY12523
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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 Elizaville at 16 Summerside Ave, Elizaville, NY, 12523 listed at $325,000 pairs $3,745/mo rent with a $1,591/mo payment to leave $1,574/mo cash flow. Total monthly income runs $3,745/mo, and annual cash flow reaches $18,893/yr on $107,738 cash to close. Return on cash invested measures 37.45% in year one, and rental yield registers 13.83% at a $325,000 basis. Equity gained on principal adds $2,097/yr, and annual property appreciation at 5% supports $89,792 by year five. Five-year ROI tracks 197.54% and total cumulative return in cash totals $212,821. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,745/mo property income relative to a $1,591/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1985
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12523, Elizaville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,131 (100%) |
| Owner Occupied HU | 660 (58.4%) |
| Renter Occupied HU | 201 (17.8%) |
| Vacant Housing Units | 270 (23.9%) |
| Median Home Value | $424,138 |
| Average Home Value | $532,564 |
Housing Distribution
Address Breakdown
Residential
886
Single Family
886
Multi-Family
0
Businesses
25
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Listed by: Susan OBrien • Anderson Agency
Mls Name: Columbia Greene Northern Dutchess MLS
Mls Provider:
Mls ID: #153331
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.