18 Alden TerraceMillbrookNY12545
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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 Millbrook at 18 Alden Terrace, Millbrook, NY, 12545 with 5% annual appreciation on a $425,000 basis while $3,420/mo rent supports operations. Total monthly income totals $3,420/mo and a $2,080/mo payment preserves $582/mo for cash returns. Annual cash flow comes to $6,985/yr on $140,888 deployed, and return on cash invested reaches 24.87% in year one. Equity gained on principal adds $2,742/yr, and five-year appreciation sums $117,420 alongside rental yield of 9.66%. Five-year ROI measures 130.11% and total cumulative return in cash totals $183,305.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,420/mo property income versus a $2,080/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1988
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12545, Millbrook, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,208 (100%) |
| Owner Occupied HU | 1,246 (56.4%) |
| Renter Occupied HU | 590 (26.7%) |
| Vacant Housing Units | 372 (16.8%) |
| Median Home Value | $594,543 |
| Average Home Value | $751,946 |
Housing Distribution
Address Breakdown
Residential
1,448
Single Family
1,276
Multi-Family
172
Businesses
270
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