2640 Schoharie TurnpikeFreeholdNY12431
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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 Freehold at 2640 Schoharie Turnpike, Freehold, NY, 12431 uses $125,937 cash to close to unlock $8,838/yr annual cash flow and $737/mo monthly cash flow. Total monthly income runs $3,273/mo, and a $1,859/mo payment keeps the spread at $737/mo. Purchase price stands at $379,900, and rental yield measures 10.34% with $3,273/mo rent. Return on cash invested shows 26.93% in year one, and 5% annual appreciation builds toward $104,959 over five years. Five-year ROI reaches 141.13% and total cumulative return in cash records $177,737. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,273/mo property income covering a $1,859/mo payment rather than investor’s personal income.
Multi Family
Built in 1977
3.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12431, Freehold, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 789 (100%) |
| Owner Occupied HU | 511 (64.8%) |
| Renter Occupied HU | 131 (16.6%) |
| Vacant Housing Units | 147 (18.6%) |
| Median Home Value | $269,559 |
| Average Home Value | $298,806 |
Housing Distribution
Address Breakdown
Residential
612
Single Family
612
Multi-Family
0
Businesses
32
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