185 Rock Ridge AvenueMonticelloNY12701
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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 Monticello at 185 Rock Ridge Avenue, Monticello, NY, 12701 at $1,200,000 posts ROI 6.38% with from $3,480/mo rent. Total monthly income equals $3,480/mo. Return on cash invested measures 6.38% and rental yield reads 3.48% at the current $1,200,000. Equity gained on principal adds $7,743/yr, and 5% annual appreciation supports $331,538 by year five. Five-year ROI prints 30.84% and total cumulative return in cash totals $119,903. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,480/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1800
17.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12701, Monticello, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,397 (100%) |
| Owner Occupied HU | 2,153 (25.6%) |
| Renter Occupied HU | 3,221 (38.4%) |
| Vacant Housing Units | 3,023 (36.0%) |
| Median Home Value | $262,260 |
| Average Home Value | $318,832 |
Housing Distribution
Address Breakdown
Residential
5,858
Single Family
4,786
Multi-Family
1,072
Businesses
707
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Listed by: Moshe Y. Ekstein • eRealty Advisors, Inc
Mls Name: OneKey MLS
Mls ID: #952000