23 Woodland WayMongaup ValleyNY12762
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
Rental property for sale in Mongaup Valley at 23 Woodland Way, Mongaup Valley, NY, 12762 offers $2,088/mo rent that, after a $1,434/mo payment, leaves $131/mo cash flow. Total monthly income is $2,088/mo, and annual cash flow is $1,578/yr on $97,130 cash. Return on cash invested measures 21.53% in year one, and rental yield stands at 8.55% at a $293,000 entry. Equity gained on principal adds $1,891/yr while 5% annual appreciation compounds into $80,951 by year five. Five-year ROI records 112.22% and total cumulative return in cash reaches $108,994. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,088/mo property income versus a $1,434/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12762, Mongaup Valley, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 268 (100%) |
| Owner Occupied HU | 118 (44.0%) |
| Renter Occupied HU | 48 (17.9%) |
| Vacant Housing Units | 102 (38.1%) |
| Median Home Value | $290,000 |
| Average Home Value | $327,924 |
Housing Distribution
Address Breakdown
Residential
50
Single Family
50
Multi-Family
0
Businesses
20
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Listed by: Lia Ioannou • CENTURY 21 FULL SERVICE REALTY
Mls Name: NY State MLS
Mls ID: #11640736