2 Durmo RoadGardinerNY12561
Nearby investment properties with comparable rents
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
Investment property for sale in Gardiner at 2 Durmo Road, Gardiner, NY, 12561 with 5% annual appreciation on a $679,000 basis while $4,968/mo rent supports operations. Total monthly income totals $4,968/mo and a $3,323/mo payment preserves $434/mo for cash returns. Annual cash flow comes to $5,209/yr on $223,391 deployed, and return on cash invested reaches 22.39% in year one. Equity gained on principal adds $4,381/yr, and five-year appreciation sums $187,595 alongside rental yield of 8.78%. Five-year ROI measures 116.79% and total cumulative return in cash totals $260,891.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,968/mo property income versus a $3,323/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1987
3.96 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices