1603 Goshen TurnpikeMiddletownNY10941
Nearby investment properties with comparable rents
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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 Middletown at 1603 Goshen Turnpike, Middletown, NY, 10941 earns $977/mo cash flow from $2,640/mo rent with a $1,219/mo payment. Total monthly income totals $2,640/mo, and annual cash flow totals $11,723/yr on $82,544 capital. ROI tracks 34.11% on current figures, and rental yield reads 12.72% at a $249,000 purchase. Equity gained on principal adds $1,607/yr, and 5% annual appreciation supports $68,794 over five years. Five-year ROI reaches 179.62% and total cumulative return in cash sums $148,268. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,640/mo property income instead of your personal income.
Single Family
Built in 1850
6,992 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10941, Middletown, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,178 (100%) |
| Owner Occupied HU | 3,623 (58.6%) |
| Renter Occupied HU | 2,208 (35.7%) |
| Vacant Housing Units | 347 ( 5.6%) |
| Median Home Value | $378,745 |
| Average Home Value | $429,048 |
Housing Distribution
Address Breakdown
Residential
5,642
Single Family
5,030
Multi-Family
612
Businesses
625
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Listed by: Elvys Molina • Keller Williams Realty
Mls Name: OneKey MLS
Mls ID: #854016