27 Steep Hill RdAshlandNY12407
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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 Ashland at 27 Steep Hill Rd, Ashland, NY, 12407 generates $3,314/mo in rent and, after a $2,296/mo payment, leaves $182/mo in cash flow. Total monthly income is $3,314/mo, and annual cash flow is $2,179/yr on $155,474 invested. Return on cash invested sits at 21.31% in year one, and rental yield is 8.48% on a $469,000 entry. Equity gained on principal adds $3,026/yr, while 5% annual appreciation builds toward $129,576 over five years. Five-year ROI reaches 111% and total cumulative return in cash sums $172,579. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,314/mo property income rather than buyer’s personal income.
Single Family
Built in 1969
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12407, Ashland, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 84 (100%) |
| Owner Occupied HU | 45 (53.6%) |
| Renter Occupied HU | 11 (13.1%) |
| Vacant Housing Units | 28 (33.3%) |
| Median Home Value | $323,684 |
| Average Home Value | $397,056 |
Housing Distribution
Address Breakdown
Residential
55
Single Family
55
Multi-Family
0
Businesses
21
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Listed by: Regina Tortorella • Coldwell Banker Village Green
Mls Name: Columbia Greene Northern Dutchess MLS
Mls Provider:
Mls ID: #152738
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.