203 Skyline DriveWoodbourneNY12788
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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 Woodbourne at 203 Skyline Drive, Woodbourne, NY, 12788 offers $2,956/mo rent that, after a $3,181/mo payment. Total monthly income is $2,956/mo. Return on cash invested measures 12.29% in year one, and rental yield stands at 5.46% at a $649,900 entry. Equity gained on principal adds $4,194/yr while 5% annual appreciation compounds into $179,555 by year five. Five-year ROI records 62.63% and total cumulative return in cash reaches $133,914. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,956/mo property income versus a $3,181/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1987
15.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12788, Woodbourne, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,647 (100%) |
| Owner Occupied HU | 603 (36.6%) |
| Renter Occupied HU | 187 (11.4%) |
| Vacant Housing Units | 857 (52.0%) |
| Median Home Value | $323,517 |
| Average Home Value | $379,482 |
Housing Distribution
Address Breakdown
Residential
963
Single Family
963
Multi-Family
0
Businesses
80
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Listed by: Carol Malek • Malek Properties, Inc.
Mls Name: HVCRMLS
Mls ID: #20253628