24 Dutchess AvenueMillertonNY12546
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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 Millerton at 24 Dutchess Avenue, Millerton, NY, 12546 uses $170,751 cash to close to unlock $10,253/yr annual cash flow and $854/mo monthly cash flow. Total monthly income runs $4,320/mo, and a $2,540/mo payment keeps the spread at $854/mo. Purchase price stands at $519,000, and rental yield measures 9.99% with $4,320/mo rent. Return on cash invested shows 26.07% in year one, and 5% annual appreciation builds toward $143,390 over five years. Five-year ROI reaches 136.48% and total cumulative return in cash records $233,037. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,320/mo property income covering a $2,540/mo payment rather than investor’s personal income.
Single Family
Built in 1900
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12546, Millerton, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,556 (100%) |
| Owner Occupied HU | 831 (53.4%) |
| Renter Occupied HU | 403 (25.9%) |
| Vacant Housing Units | 322 (20.7%) |
| Median Home Value | $447,037 |
| Average Home Value | $646,221 |
Housing Distribution
Address Breakdown
Residential
1,049
Single Family
1,049
Multi-Family
0
Businesses
174
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