241 Royce Road #75Mongaup ValleyNY12762
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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 Mongaup Valley at 241 Royce Road #75, Mongaup Valley, NY, 12762 offers a 6.65% rental yield on a $649,000 purchase with $3,596/mo rent. 91% in year one. Equity gained on principal adds $4,188/yr while 5% annual appreciation supports $179,307 over five years. Portfolio math shows five-year ROI at 82.01% and total cumulative return in cash at $175,116. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,596/mo property income against a $3,177/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1967
2.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12762, Mongaup Valley, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 268 (100%) |
| Owner Occupied HU | 118 (44.0%) |
| Renter Occupied HU | 48 (17.9%) |
| Vacant Housing Units | 102 (38.1%) |
| Median Home Value | $290,000 |
| Average Home Value | $327,924 |
Housing Distribution
Address Breakdown
Residential
50
Single Family
50
Multi-Family
0
Businesses
20
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Listed by: Bernard Babilonia • Coldwell Banker Village Green
Mls Name: OneKey MLS
Mls ID: #926373