18 Mcgrath Hill RoadEast ChathamNY12060
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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 East Chatham at 18 Mcgrath Hill Road, East Chatham, NY, 12060 with 5% annual appreciation on a $428,000 basis while $3,179/mo rent supports operations. Total monthly income totals $3,179/mo and a $2,095/mo payment preserves $321/mo for cash returns. Annual cash flow comes to $3,849/yr on $141,882 deployed, and return on cash invested reaches 22.62% in year one. Equity gained on principal adds $2,762/yr, and five-year appreciation sums $118,249 alongside rental yield of 8.91%. Five-year ROI measures 118.03% and total cumulative return in cash totals $167,459.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,179/mo property income versus a $2,095/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2003
2.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12060, East Chatham, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 856 (100%) |
| Owner Occupied HU | 517 (60.4%) |
| Renter Occupied HU | 121 (14.1%) |
| Vacant Housing Units | 218 (25.5%) |
| Median Home Value | $408,252 |
| Average Home Value | $565,382 |
Housing Distribution
Address Breakdown
Residential
647
Single Family
647
Multi-Family
0
Businesses
35
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Listed by: Peter Newman • Beach & Bartolo Realtors
Mls Name: HVCRMLS
Mls ID: #20253504