2 Edgewood DriveSaugertiesNY12477
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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 Saugerties at 2 Edgewood Drive, Saugerties, NY, 12477 priced at $449,900 pairs $3,679/mo rent with $675/mo cash flow after a $2,202/mo payment. Total monthly income equals $3,679/mo, and annual cash flow comes to $8,096/yr on $149,142 invested. Return on cash invested is 25.34% in year one, and rental yield stands at 9.81% on a $449,900 basis. Equity gained on principal adds $2,903/yr, and 5% annual appreciation accumulates to $124,299 by year five. Five-year ROI measures 132.6% and total cumulative return in cash reaches $197,758. For financing, Ziffy Mortgage’s DSCR program evaluates $3,679/mo property income against a $2,202/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1954
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12477, Saugerties, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,371 (100%) |
| Owner Occupied HU | 5,521 (58.9%) |
| Renter Occupied HU | 2,577 (27.5%) |
| Vacant Housing Units | 1,273 (13.6%) |
| Median Home Value | $404,275 |
| Average Home Value | $469,723 |
Housing Distribution
Address Breakdown
Residential
8,684
Single Family
8,360
Multi-Family
324
Businesses
607
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Listed by: Megan Rios • Berardi Realty
Mls Name: HVCRMLS
Mls ID: #20254362