2798 Phillips RoadCastletonNY12033
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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 Castleton at 2798 Phillips Road, Castleton, NY, 12033 offers $5,875/mo rent that, after a $3,597/mo payment, leaves $967/mo cash flow. Total monthly income is $5,875/mo, and annual cash flow is $11,609/yr on $241,782 cash. Return on cash invested measures 24.86% in year one, and rental yield stands at 9.59% at a $734,900 entry. Equity gained on principal adds $4,742/yr while 5% annual appreciation compounds into $203,039 by year five. Five-year ROI records 130.02% and total cumulative return in cash reaches $314,369. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,875/mo property income versus a $3,597/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
0.61 Acres lot
$N/A/sqft
No HOA
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Listed by: Pavel Karakalchu • Gucciardo Real Estate LLC
Mls Name: Global MLS
Mls Provider:
Mls ID: #202419612
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. Judy Moriarty, Zillow, Inc., Corp. Broker