241 Forestburgh RoadForestburghNY12777
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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 Forestburgh at 241 Forestburgh Road, Forestburgh, NY, 12777 offers a 0% rental yield on a $169,000 purchase with $0/mo rent. 26% in year one. Equity gained on principal adds $1,091/yr while 5% annual appreciation supports $46,692 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $827/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12777, Forestburgh, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 524 (100%) |
| Owner Occupied HU | 257 (49.0%) |
| Renter Occupied HU | 49 ( 9.4%) |
| Vacant Housing Units | 218 (41.6%) |
| Median Home Value | $447,959 |
| Average Home Value | $560,292 |
Housing Distribution
Address Breakdown
Residential
393
Single Family
393
Multi-Family
0
Businesses
9
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No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Evan Mullen • Century 21 Geba Realty
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #844036
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