168 S Centerville RoadMiddletownNY10940
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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 Middletown at 168 S Centerville Road, Middletown, NY, 10940 priced at $668,900 converts $5,212/mo rent into $745/mo cash flow after a $3,274/mo obligation. Total monthly income equals $5,212/mo, and annual cash flow totals $8,942/yr on $220,068 invested. Return on cash invested prints 24.12% in year one, and rental yield reads 9.35% against a $668,900 entry. Equity gained on principal adds $4,316/yr, while 5% annual appreciation compiles into $184,805 by year five. Five-year ROI reaches 126.07% and total cumulative return in cash sums $277,436. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,212/mo property income covering a $3,274/mo payment, not borrower’s personal income.
Single Family
Built in 1997
6.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10940, Middletown, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,106 (100%) |
| Owner Occupied HU | 11,235 (50.8%) |
| Renter Occupied HU | 9,173 (41.5%) |
| Vacant Housing Units | 1,698 ( 7.7%) |
| Median Home Value | $373,304 |
| Average Home Value | $435,188 |
Housing Distribution
Address Breakdown
Residential
20,289
Single Family
18,069
Multi-Family
2,220
Businesses
1,629
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Listed by: Elizabeth Nemeth • John J Lease REALTORS Inc
Mls Name: OneKey MLS
Mls ID: #H6325259