205 2nd AveMiddletownNY10941
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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 Middletown at 205 2nd Ave, Middletown, NY, 10941 generates $1,078/mo in rent and, after a $695/mo payment, leaves $130/mo in cash flow. Total monthly income is $1,078/mo, and annual cash flow is $1,557/yr on $47,073 invested. Return on cash invested sits at 23.22% in year one, and rental yield is 9.11% on a $142,000 entry. Equity gained on principal adds $916/yr, while 5% annual appreciation builds toward $39,232 over five years. Five-year ROI reaches 121.25% and total cumulative return in cash sums $57,074. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,078/mo property income rather than buyer’s personal income.
Manufactured
Built in 2020
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10941, Middletown, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,178 (100%) |
| Owner Occupied HU | 3,623 (58.6%) |
| Renter Occupied HU | 2,208 (35.7%) |
| Vacant Housing Units | 347 ( 5.6%) |
| Median Home Value | $378,745 |
| Average Home Value | $429,048 |
Housing Distribution
Address Breakdown
Residential
5,642
Single Family
5,030
Multi-Family
612
Businesses
625
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Listed by: John Nahass • CENTURY 21 FULL SERVICE REALTY
Mls Name: NY State MLS
Mls ID: #11504721