27 Marakill LaneGardinerNY12561
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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 Gardiner at 27 Marakill Lane, Gardiner, NY, 12561 priced at $1,290,000 converts $5,628/mo rent into after a $6,314/mo obligation. Total monthly income equals $5,628/mo. Return on cash invested prints 11.8% in year one, and rental yield reads 5.24% against a $1,290,000 entry. Equity gained on principal adds $8,324/yr, while 5% annual appreciation compiles into $356,403 by year five. Five-year ROI reaches 59.89% and total cumulative return in cash sums $250,328. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,628/mo property income covering a $6,314/mo payment, not borrower’s personal income.
Single Family
Built in 1946
6.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12561, New Paltz, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,627 (100%) |
| Owner Occupied HU | 4,089 (53.6%) |
| Renter Occupied HU | 2,682 (35.2%) |
| Vacant Housing Units | 856 (11.2%) |
| Median Home Value | $467,188 |
| Average Home Value | $526,502 |
Housing Distribution
Address Breakdown
Residential
6,635
Single Family
6,230
Multi-Family
405
Businesses
688
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Listed by: Leigh Quintana • Keller Williams Realty HV Nort
Mls Name: UCBR
Mls Provider:
Mls ID: #20242944
Disclaimer: IDX information 2024 by the Multiple Listing Service of Ulster County, Inc. All Rights Reserved. The data relating to real estate on this website comes in part from the IDX of the Multiple Listing Service of Ulster County, Inc. Information is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.