2659 County Rte 9East ChathamNY12060
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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 East Chatham at 2659 County Rte 9, East Chatham, NY, 12060 earns from $5,100/mo rent with a $6,118/mo payment. Total monthly income totals $5,100/mo. ROI tracks 10.75% on current figures, and rental yield reads 4.9% at a $1,250,000 purchase. Equity gained on principal adds $8,066/yr, and 5% annual appreciation supports $345,352 over five years. Five-year ROI reaches 54.27% and total cumulative return in cash sums $219,805. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,100/mo property income instead of your personal income.
Single Family
Built in 1880
19.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12060, East Chatham, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 856 (100%) |
| Owner Occupied HU | 517 (60.4%) |
| Renter Occupied HU | 121 (14.1%) |
| Vacant Housing Units | 218 (25.5%) |
| Median Home Value | $408,252 |
| Average Home Value | $565,382 |
Housing Distribution
Address Breakdown
Residential
647
Single Family
647
Multi-Family
0
Businesses
35
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Listed by: Kelcey Otten • Compass Greater NY, LLC d/b/a
Mls Name: HVCRMLS
Mls ID: #20253468