2481-2483 Route 145East DurhamNY12423
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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 East Durham at 2481-2483 Route 145, East Durham, NY, 12423 listed at $579,000 pairs $2,635/mo rent with a $2,834/mo payment. Total monthly income runs $2,635/mo. Return on cash invested measures 12.3% in year one, and rental yield registers 5.46% at a $579,000 basis. Equity gained on principal adds $3,736/yr, and annual property appreciation at 5% supports $159,967 by year five. Five-year ROI tracks 62.67% and total cumulative return in cash totals $119,383. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,635/mo property income relative to a $2,834/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1930
1.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12423, East Durham, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 704 (100%) |
| Owner Occupied HU | 392 (55.7%) |
| Renter Occupied HU | 105 (14.9%) |
| Vacant Housing Units | 207 (29.4%) |
| Median Home Value | $253,571 |
| Average Home Value | $320,325 |
Housing Distribution
Address Breakdown
Residential
490
Single Family
490
Multi-Family
0
Businesses
36
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Nearby investment properties with comparable prices
Listed by: Laura Scheper • Anne Lafferty Realty
Mls Name: Global MLS
Mls Provider:
Mls ID: #202426819
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Judy Moriarty, Zillow, Inc., Corp. Broker