2 Farm View DriveCastletonNY12033
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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 Castleton at 2 Farm View Drive, Castleton, NY, 12033 offers a 3.99% rental yield on a $558,900 purchase with $1,860/mo rent. 84% in year one. Equity gained on principal adds $3,606/yr while 5% annual appreciation supports $154,414 over five years. Portfolio math shows five-year ROI at 38.74% and total cumulative return in cash at $71,228. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,860/mo property income against a $2,736/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.25 Acres lot
$N/A/sqft
No HOA
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Listed by: John W Mesko • Coldwell Banker Prime Properties
Mls Name: Global MLS
Mls Provider:
Mls ID: #202513286
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. Judy Moriarty, Zillow, Inc., Corp. Broker