263 Old Hudson TpkeCanaanNY12029
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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
Rental property for sale in Canaan at 263 Old Hudson Tpke, Canaan, NY, 12029 priced at $745,000 converts $4,034/mo rent into after a $3,646/mo obligation. Total monthly income equals $4,034/mo. Return on cash invested prints 15.46% in year one, and rental yield reads 6.5% against a $745,000 entry. Equity gained on principal adds $4,807/yr, while 5% annual appreciation compiles into $205,830 by year five. Five-year ROI reaches 79.58% and total cumulative return in cash sums $195,044. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,034/mo property income covering a $3,646/mo payment, not borrower’s personal income.
Single Family
Built in 1984
11.60 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Karen Westman • BERKSHIRE HATHAWAY HOME SERVICE BLAKE
Mls Name: BCMLS
Mls Provider:
Mls ID: #246282
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