1604 Chelsea Cove SHopewell JunctionNY12533
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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 Hopewell Junction at 1604 Chelsea Cove S, Hopewell Junction, NY, 12533 earns $480/mo cash flow from $2,550/mo rent with a $1,517/mo payment. Total monthly income totals $2,550/mo, and annual cash flow totals $5,764/yr on $102,732 capital. ROI tracks 25.52% on current figures, and rental yield reads 9.87% at a $309,900 purchase. Equity gained on principal adds $2,000/yr, and 5% annual appreciation supports $85,620 over five years. Five-year ROI reaches 133.59% and total cumulative return in cash sums $137,244. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,550/mo property income instead of your personal income.
Condo
Built in 1984
4,792 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12533, Hopewell Junction, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,042 (100%) |
| Owner Occupied HU | 8,082 (80.5%) |
| Renter Occupied HU | 1,096 (10.9%) |
| Vacant Housing Units | 864 ( 8.6%) |
| Median Home Value | $527,672 |
| Average Home Value | $555,635 |
Housing Distribution
Address Breakdown
Residential
9,370
Single Family
9,370
Multi-Family
0
Businesses
703
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Listed by: Jason T. Lysack • K. Fortuna Realty, Inc.
Mls Name: OneKey MLS
Mls ID: #952572