18 Mountain Turnpike RdCatskillNY12414
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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 Catskill at 18 Mountain Turnpike Rd, Catskill, NY, 12414 priced at $275,000 pairs $2,092/mo rent with $256/mo cash flow after a $1,346/mo payment. Total monthly income equals $2,092/mo, and annual cash flow comes to $3,067/yr on $91,163 invested. Return on cash invested is 23.27% in year one, and rental yield stands at 9.13% on a $275,000 basis. Equity gained on principal adds $1,775/yr, and 5% annual appreciation accumulates to $75,977 by year five. Five-year ROI measures 121.54% and total cumulative return in cash reaches $110,795. For financing, Ziffy Mortgage’s DSCR program evaluates $2,092/mo property income against a $1,346/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1920
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12414, Catskill, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,004 (100%) |
| Owner Occupied HU | 3,023 (50.3%) |
| Renter Occupied HU | 1,862 (31.0%) |
| Vacant Housing Units | 1,119 (18.6%) |
| Median Home Value | $273,775 |
| Average Home Value | $338,299 |
Housing Distribution
Address Breakdown
Residential
4,732
Single Family
4,536
Multi-Family
196
Businesses
470
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Listed by: Michael Magliocca • Century 21 New West
Mls Name: Columbia Greene Northern Dutchess MLS
Mls Provider:
Mls ID: #154138
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.