22 Bushnell AvenueChathamNY12037
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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 Chatham at 22 Bushnell Avenue, Chatham, NY, 12037 priced at $369,900 converts $2,731/mo rent into $261/mo cash flow after a $1,810/mo obligation. Total monthly income equals $2,731/mo, and annual cash flow totals $3,136/yr on $122,622 invested. Return on cash invested prints 22.47% in year one, and rental yield reads 8.86% against a $369,900 entry. Equity gained on principal adds $2,387/yr, while 5% annual appreciation compiles into $102,197 by year five. Five-year ROI reaches 117.23% and total cumulative return in cash sums $143,746. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,731/mo property income covering a $1,810/mo payment, not borrower’s personal income.
Single Family
Built in 1955
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12037, Chatham, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,296 (100%) |
| Owner Occupied HU | 1,290 (56.2%) |
| Renter Occupied HU | 609 (26.5%) |
| Vacant Housing Units | 397 (17.3%) |
| Median Home Value | $375,646 |
| Average Home Value | $500,101 |
Housing Distribution
Address Breakdown
Residential
1,791
Single Family
1,571
Multi-Family
220
Businesses
264
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