244 Ridge RdRoxburyNY12474
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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 Roxbury at 244 Ridge Rd, Roxbury, NY, 12474 offers a 10.69% rental yield on a $249,000 purchase with $2,219/mo rent. Total monthly income registers $2,219/mo, and a $1,219/mo payment leaves $556/mo available for distribution. Annual cash flow reaches $6,671/yr on $82,544 to close, and return on cash invested stands at 27.99% in year one. Equity gained on principal adds $1,607/yr while 5% annual appreciation supports $68,794 over five years. Portfolio math shows five-year ROI at 146.81% and total cumulative return in cash at $121,184. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,219/mo property income against a $1,219/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12474, Roxbury, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,198 (100%) |
| Owner Occupied HU | 453 (37.8%) |
| Renter Occupied HU | 102 ( 8.5%) |
| Vacant Housing Units | 643 (53.7%) |
| Median Home Value | $308,394 |
| Average Home Value | $331,645 |
Housing Distribution
Address Breakdown
Residential
503
Single Family
503
Multi-Family
0
Businesses
53
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