2395 Route 23bSouth CairoNY12482
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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 South Cairo at 2395 Route 23b, South Cairo, NY, 12482 with 5% annual appreciation on a $395,000 basis while $4,199/mo rent supports operations. Total monthly income totals $4,199/mo and a $1,933/mo payment preserves $1,562/mo for cash returns. Annual cash flow comes to $18,739/yr on $130,943 deployed, and return on cash invested reaches 34.22% in year one. Equity gained on principal adds $2,549/yr, and five-year appreciation sums $109,131 alongside rental yield of 12.76%. Five-year ROI measures 180.23% and total cumulative return in cash totals $235,998.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,199/mo property income versus a $1,933/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1971
2.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12482, South Cairo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 221 (100%) |
| Owner Occupied HU | 136 (61.5%) |
| Renter Occupied HU | 45 (20.4%) |
| Vacant Housing Units | 40 (18.1%) |
| Median Home Value | $286,364 |
| Average Home Value | $359,504 |
Housing Distribution
Address Breakdown
Residential
247
Single Family
247
Multi-Family
0
Businesses
18
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Listed by: Natasha A. Witka • Century 21 New West
Mls Name: Columbia Greene Northern Dutchess MLS
Mls Provider:
Mls ID: #150987
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