17 Rear Chapel StreetEllenvilleNY12428
Nearby investment properties with comparable rents
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
Investment property for sale in Ellenville at 17 Rear Chapel Street, Ellenville, NY, 12428 uses $97,793 cash to close to unlock $7,103/yr annual cash flow and $592/mo monthly cash flow. Total monthly income runs $2,562/mo, and a $1,444/mo payment keeps the spread at $592/mo. Purchase price stands at $295,000, and rental yield measures 10.42% with $2,562/mo rent. Return on cash invested shows 27.17% in year one, and 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 142.43% and total cumulative return in cash records $139,286. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,562/mo property income covering a $1,444/mo payment rather than investor’s personal income.
Multi Family
Built in 1957
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12428, Ellenville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,660 (100%) |
| Owner Occupied HU | 1,339 (36.6%) |
| Renter Occupied HU | 1,381 (37.7%) |
| Vacant Housing Units | 940 (25.7%) |
| Median Home Value | $253,611 |
| Average Home Value | $312,115 |
Housing Distribution
Address Breakdown
Residential
2,846
Single Family
2,520
Multi-Family
326
Businesses
322
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gregory Berardi • Berardi Realty
Mls Name: HVCRMLS
Mls ID: #20260200