257 Parliman RdGilboaNY12076
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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 Gilboa at 257 Parliman Rd, Gilboa, NY, 12076 offers a 8.53% rental yield on a $378,800 purchase with $2,693/mo rent. Total monthly income registers $2,693/mo, and a $1,854/mo payment leaves $163/mo available for distribution. Annual cash flow reaches $1,962/yr on $125,572 to close, and return on cash invested stands at 21.47% in year one. Equity gained on principal adds $2,444/yr while 5% annual appreciation supports $104,655 over five years. Portfolio math shows five-year ROI at 111.87% and total cumulative return in cash at $140,480. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,693/mo property income against a $1,854/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12076, Gilboa, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,314 (100%) |
| Owner Occupied HU | 539 (41.0%) |
| Renter Occupied HU | 55 ( 4.2%) |
| Vacant Housing Units | 720 (54.8%) |
| Median Home Value | $243,952 |
| Average Home Value | $264,147 |
Housing Distribution
Address Breakdown
Residential
739
Single Family
739
Multi-Family
0
Businesses
29
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Listed by: Brian T. Cohen • RHR Realty Group
Mls Name: Columbia Greene Northern Dutchess MLS
Mls Provider:
Mls ID: #153318
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.