275 Spillway RoadWest HurleyNY12491
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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 West Hurley at 275 Spillway Road, West Hurley, NY, 12491 priced at $999,000 converts $3,562/mo rent into after a $4,890/mo obligation. Total monthly income equals $3,562/mo. Return on cash invested prints 8.71% in year one, and rental yield reads 4.28% against a $999,000 entry. Equity gained on principal adds $6,446/yr, while 5% annual appreciation compiles into $276,005 by year five. Five-year ROI reaches 43.39% and total cumulative return in cash sums $142,598. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,562/mo property income covering a $4,890/mo payment, not borrower’s personal income.
Single Family
Built in 2022
62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12491, West Hurley, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 819 (100%) |
| Owner Occupied HU | 603 (73.6%) |
| Renter Occupied HU | 126 (15.4%) |
| Vacant Housing Units | 90 (11.0%) |
| Median Home Value | $443,631 |
| Average Home Value | $540,319 |
Housing Distribution
Address Breakdown
Residential
893
Single Family
893
Multi-Family
0
Businesses
64
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Nearby investment properties with comparable prices
Listed by: Alfred Peavy • Ruth Gale Realty
Mls Name: UCBR
Mls Provider:
Mls ID: #20242709
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.