23 Main StreetPhoeniciaNY12464
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Phoenicia at 23 Main Street, Phoenicia, NY, 12464 at $329,900 posts ROI 47.74% with $2,537/mo cash flow from $4,740/mo rent. Total monthly income equals $4,740/mo, and annual cash flow records $30,440/yr on $109,362 to close. Return on cash invested measures 47.74% and rental yield reads 17.24% at the current $329,900. Equity gained on principal adds $2,129/yr, and 5% annual appreciation supports $91,145 by year five. Five-year ROI prints 252.75% and total cumulative return in cash totals $276,411.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,740/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1890
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12464, Phoenicia, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 926 (100%) |
| Owner Occupied HU | 375 (40.5%) |
| Renter Occupied HU | 155 (16.7%) |
| Vacant Housing Units | 396 (42.8%) |
| Median Home Value | $454,348 |
| Average Home Value | $515,873 |
Housing Distribution
Address Breakdown
Residential
309
Single Family
286
Multi-Family
23
Businesses
67
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Nearby investment properties with comparable prices
Listed by: Gene Rios • Gene Rios Realty LLC
Mls Name: UCBR
Mls Provider:
Mls ID: #20243606
Disclaimer: IDX information 2024 by the Multiple Listing Service of Ulster County, Inc. All Rights Reserved. The data relating to real estate on this website comes in part from the IDX of the Multiple Listing Service of Ulster County, Inc. Information is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.