1748 State Route 213Ulster ParkNY12487
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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 Ulster Park at 1748 State Route 213, Ulster Park, NY, 12487 generates $2,262/mo in rent, after a $3,177/mo payment. Total monthly income is $2,262/mo. Return on cash invested sits at 8.41% in year one, and rental yield is 4.18% on a $649,000 entry. Equity gained on principal adds $4,188/yr, while 5% annual appreciation builds toward $179,307 over five years. Five-year ROI reaches 41.81% and total cumulative return in cash sums $89,280. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,262/mo property income rather than buyer’s personal income.
Single Family
Built in 1948
3.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12487, Ulster Park, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,551 (100%) |
| Owner Occupied HU | 934 (60.2%) |
| Renter Occupied HU | 447 (28.8%) |
| Vacant Housing Units | 170 (11.0%) |
| Median Home Value | $452,030 |
| Average Home Value | $483,892 |
Housing Distribution
Address Breakdown
Residential
1,204
Single Family
1,139
Multi-Family
65
Businesses
44
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Listed by: Vincent Winkler • KW Platform
Mls Name: HVCRMLS
Mls ID: #20255336