20 Kelder RoadOliveNY12461
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
Rental property for sale in Olive at 20 Kelder Road, Olive, NY, 12461 offers $2,532/mo rent that, after a $1,561/mo payment, leaves $402/mo cash flow. Total monthly income is $2,532/mo, and annual cash flow is $4,825/yr on $105,749 cash. Return on cash invested measures 24.47% in year one, and rental yield stands at 9.52% at a $319,000 entry. Equity gained on principal adds $2,058/yr while 5% annual appreciation compounds into $88,134 by year five. Five-year ROI records 127.99% and total cumulative return in cash reaches $135,349. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,532/mo property income versus a $1,561/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12461, Olivebridge, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,047 (100%) |
| Owner Occupied HU | 625 (59.7%) |
| Renter Occupied HU | 146 (13.9%) |
| Vacant Housing Units | 276 (26.4%) |
| Median Home Value | $457,207 |
| Average Home Value | $538,176 |
Housing Distribution
Address Breakdown
Residential
837
Single Family
837
Multi-Family
0
Businesses
25
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