22 Memory LaneChestertownNY12817
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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 Chestertown at 22 Memory Lane, Chestertown, NY, 12817 with 5% annual appreciation on a $570,000 basis while $2,252/mo rent supports operations. 11% in year one. Equity gained on principal adds $3,678/yr, and five-year appreciation sums $157,480 alongside rental yield of 4.74%. Five-year ROI measures 50.93% and total cumulative return in cash totals $95,509. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,252/mo property income versus a $2,790/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1985
0.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12817, Chestertown, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,066 (100%) |
| Owner Occupied HU | 794 (38.4%) |
| Renter Occupied HU | 208 (10.1%) |
| Vacant Housing Units | 1,064 (51.5%) |
| Median Home Value | $391,566 |
| Average Home Value | $447,106 |
Housing Distribution
Address Breakdown
Residential
797
Single Family
797
Multi-Family
0
Businesses
99
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Listed by: Barbara Kearney • Hunt ERA
Mls Name: Global MLS
Mls ID: #202525940