19 N Ohioville RoadNew PaltzNY12561
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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 New Paltz at 19 N Ohioville Road, New Paltz, NY, 12561 offers $3,685/mo rent that, after a $2,203/mo payment, leaves $680/mo cash flow. Total monthly income is $3,685/mo, and annual cash flow is $8,154/yr on $149,175 cash. Return on cash invested measures 25.38% in year one, and rental yield stands at 9.83% at a $450,000 entry. Equity gained on principal adds $2,904/yr while 5% annual appreciation compounds into $124,327 by year five. Five-year ROI records 132.81% and total cumulative return in cash reaches $198,114. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,685/mo property income versus a $2,203/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12561, New Paltz, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,627 (100%) |
| Owner Occupied HU | 4,089 (53.6%) |
| Renter Occupied HU | 2,682 (35.2%) |
| Vacant Housing Units | 856 (11.2%) |
| Median Home Value | $467,188 |
| Average Home Value | $526,502 |
Housing Distribution
Address Breakdown
Residential
6,635
Single Family
6,230
Multi-Family
405
Businesses
688
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