255 Howells RoadMiddletownNY10940
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
Investment Highlights
Rental property for sale in Middletown at 255 Howells Road, Middletown, NY, 10940 generates $3,360/mo in rent, after a $4,796/mo payment. Total monthly income is $3,360/mo. Return on cash invested sits at 8.21% in year one, and rental yield is 4.11% on a $979,900 entry. Equity gained on principal adds $6,323/yr, while 5% annual appreciation builds toward $270,728 over five years. Five-year ROI reaches 40.72% and total cumulative return in cash sums $131,285. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,360/mo property income rather than buyer’s personal income.
Single Family
Built in 1821
36.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10940, Middletown, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,106 (100%) |
| Owner Occupied HU | 11,235 (50.8%) |
| Renter Occupied HU | 9,173 (41.5%) |
| Vacant Housing Units | 1,698 ( 7.7%) |
| Median Home Value | $373,304 |
| Average Home Value | $435,188 |
Housing Distribution
Address Breakdown
Residential
20,289
Single Family
18,069
Multi-Family
2,220
Businesses
1,629
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jonathon Z. Lee • Keller Williams Hudson Valley
Mls Name: OneKey MLS
Mls ID: #947943