270-280 Berme Rd RoadWawarsingNY12428
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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 Wawarsing at 270-280 Berme Rd Road, Wawarsing, NY, 12428 generates $1,670/mo in rent and, after a $1,219/mo payment, leaves $7/mo in cash flow. Total monthly income is $1,670/mo, and annual cash flow is $83/yr on $82,544 invested. Return on cash invested sits at 20.01% in year one, and rental yield is 8.05% on a $249,000 entry. Equity gained on principal adds $1,607/yr, while 5% annual appreciation builds toward $68,794 over five years. Five-year ROI reaches 104.01% and total cumulative return in cash sums $85,856. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,670/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
7.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12428, Ellenville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,660 (100%) |
| Owner Occupied HU | 1,339 (36.6%) |
| Renter Occupied HU | 1,381 (37.7%) |
| Vacant Housing Units | 940 (25.7%) |
| Median Home Value | $253,611 |
| Average Home Value | $312,115 |
Housing Distribution
Address Breakdown
Residential
2,846
Single Family
2,520
Multi-Family
326
Businesses
322
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