262 & 268 Patterson LaneSaugertiesNY12477
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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 Saugerties at 262 & 268 Patterson Lane, Saugerties, NY, 12477 listed at $1,333,800 pairs $5,167/mo rent with a $6,528/mo payment. Total monthly income runs $5,167/mo. Return on cash invested measures 9.99% in year one, and rental yield registers 4.65% at a $1,333,800 basis. Equity gained on principal adds $8,607/yr, and annual property appreciation at 5% supports $368,504 by year five. Five-year ROI tracks 50.19% and total cumulative return in cash totals $216,895. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,167/mo property income relative to a $6,528/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1948
5.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12477, Saugerties, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,371 (100%) |
| Owner Occupied HU | 5,521 (58.9%) |
| Renter Occupied HU | 2,577 (27.5%) |
| Vacant Housing Units | 1,273 (13.6%) |
| Median Home Value | $404,275 |
| Average Home Value | $469,723 |
Housing Distribution
Address Breakdown
Residential
8,684
Single Family
8,360
Multi-Family
324
Businesses
607
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Listed by: Sharon Breslau • BHHS HUDSON VALLEY PROP-WDST
Mls Name: UCBR
Mls Provider:
Mls ID: #20243644
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