18 Wildwood DriveSouth FallsburgNY12779
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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
Rental property for sale in South Fallsburg at 18 Wildwood Drive, South Fallsburg, NY, 12779 priced at $299,900 pairs $2,094/mo rent with $91/mo cash flow after a $1,468/mo payment. Total monthly income equals $2,094/mo, and annual cash flow comes to $1,094/yr on $99,417 invested. Return on cash invested is 21.01% in year one, and rental yield stands at 8.38% on a $299,900 basis. Equity gained on principal adds $1,935/yr, and 5% annual appreciation accumulates to $82,857 by year five. Five-year ROI measures 109.42% and total cumulative return in cash reaches $108,784. For financing, Ziffy Mortgage’s DSCR program evaluates $2,094/mo property income against a $1,468/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1952
2.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12779, South Fallsburg, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,716 (100%) |
| Owner Occupied HU | 302 (17.6%) |
| Renter Occupied HU | 567 (33.0%) |
| Vacant Housing Units | 847 (49.4%) |
| Median Home Value | $353,982 |
| Average Home Value | $366,200 |
Housing Distribution
Address Breakdown
Residential
343
Single Family
229
Multi-Family
114
Businesses
99
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Listed by: Carole M. Edwards • Carole Edwards Realty
Mls Name: OneKey MLS
Mls ID: #917967