222 Dundee RdFort CovingtonNY12937
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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 Fort Covington at 222 Dundee Rd, Fort Covington, NY, 12937 offers $2,441/mo rent that, after a $1,341/mo payment, leaves $611/mo cash flow. Total monthly income is $2,441/mo, and annual cash flow is $7,336/yr on $90,831 cash. Return on cash invested measures 27.99% in year one, and rental yield stands at 10.69% at a $274,000 entry. Equity gained on principal adds $1,768/yr while 5% annual appreciation compounds into $75,701 by year five. Five-year ROI records 146.81% and total cumulative return in cash reaches $133,353. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,441/mo property income versus a $1,341/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1943
1.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12937, Fort Covington, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 723 (100%) |
| Owner Occupied HU | 477 (66.0%) |
| Renter Occupied HU | 115 (15.9%) |
| Vacant Housing Units | 131 (18.1%) |
| Median Home Value | $120,577 |
| Average Home Value | $214,109 |
Housing Distribution
Address Breakdown
Residential
507
Single Family
507
Multi-Family
0
Businesses
30
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Listed by: Michael E. Kassian • Kassian Real Estate, LLC
Mls Name: SLCMLS
Mls Provider:
Mls ID: #51816
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.