1903 E State Route 203 #14ChathamNY12037
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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 Chatham at 1903 E State Route 203 #14, Chatham, NY, 12037 earns $206/mo cash flow from $1,087/mo rent with a $646/mo payment. Total monthly income totals $1,087/mo, and annual cash flow totals $2,469/yr on $43,725 capital. ROI tracks 25.56% on current figures, and rental yield reads 9.89% at a $131,900 purchase. Equity gained on principal adds $851/yr, and 5% annual appreciation supports $36,442 over five years. Five-year ROI reaches 133.76% and total cumulative return in cash sums $58,487. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,087/mo property income instead of your personal income.
Manufactured
Built in 2013
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12037, Chatham, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,296 (100%) |
| Owner Occupied HU | 1,290 (56.2%) |
| Renter Occupied HU | 609 (26.5%) |
| Vacant Housing Units | 397 (17.3%) |
| Median Home Value | $375,646 |
| Average Home Value | $500,101 |
Housing Distribution
Address Breakdown
Residential
1,791
Single Family
1,571
Multi-Family
220
Businesses
264
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Listed by: Stephen Cole • Gilcrest Properties
Mls Name: Columbia Greene Northern Dutchess MLS
Mls Provider:
Mls ID: #155843
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.