24 Alpine DriveRound TopNY12473
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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
Rental property for sale in Round Top at 24 Alpine Drive, Round Top, NY, 12473 offers $3,228/mo rent that, after a $1,664/mo payment, leaves $958/mo cash flow. Total monthly income is $3,228/mo, and annual cash flow is $11,492/yr on $112,710 cash. Return on cash invested measures 30.11% in year one, and rental yield stands at 11.39% at a $340,000 entry. Equity gained on principal adds $2,194/yr while 5% annual appreciation compounds into $93,936 by year five. Five-year ROI records 158.16% and total cumulative return in cash reaches $178,266. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,228/mo property income versus a $1,664/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12473, Round Top, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 514 (100%) |
| Owner Occupied HU | 324 (63.0%) |
| Renter Occupied HU | 91 (17.7%) |
| Vacant Housing Units | 99 (19.3%) |
| Median Home Value | $301,010 |
| Average Home Value | $311,975 |
Housing Distribution
Address Breakdown
Residential
243
Single Family
243
Multi-Family
0
Businesses
41
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