228 Freida StMontgomeryNY12549
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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 Montgomery at 228 Freida St, Montgomery, NY, 12549 offers a 16.83% rental yield on a $400,000 purchase with $5,609/mo rent. Total monthly income registers $5,609/mo, and a $1,958/mo payment leaves $2,938/mo available for distribution. Annual cash flow reaches $35,252/yr on $132,600 to close, and return on cash invested stands at 46.49% in year one. Equity gained on principal adds $2,581/yr while 5% annual appreciation supports $110,513 over five years. Portfolio math shows five-year ROI at 246.05% and total cumulative return in cash at $326,260. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,609/mo property income against a $1,958/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1985
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12549, Montgomery, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,943 (100%) |
| Owner Occupied HU | 2,918 (74.0%) |
| Renter Occupied HU | 860 (21.8%) |
| Vacant Housing Units | 165 ( 4.2%) |
| Median Home Value | $464,516 |
| Average Home Value | $546,552 |
Housing Distribution
Address Breakdown
Residential
3,811
Single Family
3,683
Multi-Family
128
Businesses
477
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Listed by: Margaret Williams • CENTURY 21 ED & MARGARET WILLIAMS REALTY
Mls Name: NY State MLS
Mls ID: #11320923