20 Main Street #39GarnervilleNY10923
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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 Garnerville at 20 Main Street #39, Garnerville, NY, 10923 generates $1,015/mo in rent and, after a $622/mo payment, leaves $167/mo in cash flow. Total monthly income is $1,015/mo, and annual cash flow is $1,998/yr on $42,101 invested. Return on cash invested sits at 24.66% in year one, and rental yield is 9.59% on a $127,000 entry. Equity gained on principal adds $820/yr, while 5% annual appreciation builds toward $35,088 over five years. Five-year ROI reaches 129% and total cumulative return in cash sums $54,309. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,015/mo property income rather than buyer’s personal income.
Condo
Built in 1972
2.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10923, Garnerville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,277 (100%) |
| Owner Occupied HU | 2,048 (62.5%) |
| Renter Occupied HU | 1,123 (34.3%) |
| Vacant Housing Units | 106 ( 3.2%) |
| Median Home Value | $480,385 |
| Average Home Value | $514,423 |
Housing Distribution
Address Breakdown
Residential
2,993
Single Family
2,305
Multi-Family
688
Businesses
182
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Listed by: Stephanie Ferrante-Hirsch • Keller Williams Hudson Valley
Mls Name: OneKey MLS
Mls ID: #942148