230 Scannell RdGhentNY12037
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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 Ghent at 230 Scannell Rd, Ghent, NY, 12037 with 5% annual appreciation on a $494,000 basis while $5,748/mo rent supports operations. Total monthly income totals $5,748/mo and a $2,418/mo payment preserves $2,449/mo for cash returns. Annual cash flow comes to $29,388/yr on $163,761 deployed, and return on cash invested reaches 37.85% in year one. Equity gained on principal adds $3,188/yr, and five-year appreciation sums $136,483 alongside rental yield of 13.96%. Five-year ROI measures 199.74% and total cumulative return in cash totals $327,092.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,748/mo property income versus a $2,418/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Home Type Unknown
Built in N/A
57.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12037, Chatham, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,296 (100%) |
| Owner Occupied HU | 1,290 (56.2%) |
| Renter Occupied HU | 609 (26.5%) |
| Vacant Housing Units | 397 (17.3%) |
| Median Home Value | $375,646 |
| Average Home Value | $500,101 |
Housing Distribution
Address Breakdown
Residential
1,791
Single Family
1,571
Multi-Family
220
Businesses
264
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