218 Chestnut Ridge RdCherry ValleyNY13320
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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 Cherry Valley at 218 Chestnut Ridge Rd, Cherry Valley, NY, 13320 offers a 6.76% rental yield on a $589,000 purchase with $3,320/mo rent. 26% in year one. Equity gained on principal adds $3,801/yr while 5% annual appreciation supports $162,730 over five years. Portfolio math shows five-year ROI at 83.9% and total cumulative return in cash at $162,578. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,320/mo property income against a $2,883/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2012
117 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13320, Cherry Valley, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,094 (100%) |
| Owner Occupied HU | 675 (61.7%) |
| Renter Occupied HU | 125 (11.4%) |
| Vacant Housing Units | 294 (26.9%) |
| Median Home Value | $262,342 |
| Average Home Value | $330,133 |
Housing Distribution
Address Breakdown
Residential
723
Single Family
723
Multi-Family
0
Businesses
68
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Nearby investment properties with comparable prices
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