21 Dockside DrMorristownNY13664
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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 Morristown at 21 Dockside Dr, Morristown, NY, 13664 earns from $1,482/mo rent with a $1,263/mo payment. Total monthly income totals $1,482/mo. ROI tracks 16.53% on current figures, and rental yield reads 6.89% at a $258,000 purchase. Equity gained on principal adds $1,665/yr, and 5% annual appreciation supports $71,281 over five years. Five-year ROI reaches 85.35% and total cumulative return in cash sums $72,998. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,482/mo property income instead of your personal income.
Townhouse
Built in 2006
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13664, Morristown, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 212 (100%) |
| Owner Occupied HU | 124 (58.5%) |
| Renter Occupied HU | 36 (17.0%) |
| Vacant Housing Units | 52 (24.5%) |
| Median Home Value | $290,741 |
| Average Home Value | $295,786 |
Housing Distribution
Address Breakdown
Residential
107
Single Family
95
Multi-Family
12
Businesses
22
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Listed by: Gregory Kiah • County Seat Realty
Mls Name: SLCMLS
Mls Provider:
Mls ID: #50632
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.