21 Scotchtown DriveMiddletownNY10941
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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 21 Scotchtown Drive, Middletown, NY, 10941 offers $3,437/mo rent that, after a $1,957/mo payment, leaves $767/mo cash flow. Total monthly income is $3,437/mo, and annual cash flow is $9,202/yr on $132,567 cash. Return on cash invested measures 26.85% in year one, and rental yield stands at 10.31% at a $399,900 entry. Equity gained on principal adds $2,580/yr while 5% annual appreciation compounds into $110,485 by year five. Five-year ROI records 140.7% and total cumulative return in cash reaches $186,524. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,437/mo property income versus a $1,957/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
10,360 sqft 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: Linda A Clark • Hudson Valley Griffith
Mls Name: OneKey MLS
Mls ID: #939326