2 Plattekill DriveMount MarionNY12456
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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 Mount Marion at 2 Plattekill Drive, Mount Marion, NY, 12456 uses $94,444 cash to close to unlock $10,031/yr annual cash flow and $836/mo monthly cash flow. Total monthly income runs $2,738/mo, and a $1,394/mo payment keeps the spread at $836/mo. Purchase price stands at $284,900, and rental yield measures 11.53% with $2,738/mo rent. Return on cash invested shows 30.53% in year one, and 5% annual appreciation builds toward $78,713 over five years. Five-year ROI reaches 160.44% and total cumulative return in cash records $151,523. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,738/mo property income covering a $1,394/mo payment rather than investor’s personal income.
Single Family
Built in 1955
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12456, Mount Marion, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 224 (100%) |
| Owner Occupied HU | 190 (84.8%) |
| Renter Occupied HU | 21 ( 9.4%) |
| Vacant Housing Units | 13 ( 5.8%) |
| Median Home Value | $175,000 |
| Average Home Value | $328,079 |
Housing Distribution
Address Breakdown
Residential
203
Single Family
203
Multi-Family
0
Businesses
22
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Listed by: Charlet Wenzel • Howard Hanna Rand Realty
Mls Name: HVCRMLS
Mls ID: #20251325