2518 Indian Point WayPutnam StationNY12861
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play2518 Indian Point Way, Putnam Station, NY, 12861 in Putnam Station is priced for appreciation, not yield. Rental yield 1.61%. At $1,475,000 with a 1.61% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $407,515 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.30) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $56,035.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 1.6% | 6.2% |
| Monthly Cash Flow | $(7,869) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,981 |
| Total Monthly Debt Service | $9,263 |
| DSCR Ratio | 0.21x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1962
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12861, Putnam Station, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 559 (100%) |
| Owner Occupied HU | 206 (36.9%) |
| Renter Occupied HU | 24 ( 4.3%) |
| Vacant Housing Units | 329 (58.9%) |
| Median Home Value | $409,091 |
| Average Home Value | $549,223 |
Housing Distribution
Address Breakdown
Residential
417
Single Family
416
Multi-Family
1
Businesses
10
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1962
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12861, Putnam Station, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 559 (100%) |
| Owner Occupied HU | 206 (36.9%) |
| Renter Occupied HU | 24 ( 4.3%) |
| Vacant Housing Units | 329 (58.9%) |
| Median Home Value | $409,091 |
| Average Home Value | $549,223 |
Housing Distribution
Address Breakdown
Residential
417
Single Family
416
Multi-Family
1
Businesses
10
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Douglas Bricker • KW Platform
Mls Name: Global MLS
Mls ID: #202523816