244 BroadwayPt EwenNY12466
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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 Pt Ewen at 244 Broadway, Pt Ewen, NY, 12466 uses $140,888 cash to close to unlock $6,049/yr annual cash flow and $504/mo monthly cash flow. Total monthly income runs $3,342/mo, and a $2,080/mo payment keeps the spread at $504/mo. Purchase price stands at $425,000, and rental yield measures 9.44% with $3,342/mo rent. Return on cash invested shows 24.2% in year one, and 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 126.53% and total cumulative return in cash records $178,265. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,342/mo property income covering a $2,080/mo payment rather than investor’s personal income.
Single Family
Built in 1930
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12466, Port Ewen, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,528 (100%) |
| Owner Occupied HU | 1,075 (70.4%) |
| Renter Occupied HU | 323 (21.1%) |
| Vacant Housing Units | 130 ( 8.5%) |
| Median Home Value | $306,737 |
| Average Home Value | $424,277 |
Housing Distribution
Address Breakdown
Residential
500
Single Family
350
Multi-Family
150
Businesses
73
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