28 Highway 32 #ASaugertiesNY12477
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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 Saugerties at 28 Highway 32 #A, Saugerties, NY, 12477 priced at $1,895,000 converts $3,840/mo rent into after a $9,275/mo obligation. Total monthly income equals $3,840/mo. Return on cash invested prints 3.14% in year one, and rental yield reads 2.43% against a $1,895,000 entry. Equity gained on principal adds $12,228/yr, while 5% annual appreciation compiles into $523,554 by year five. Five-year ROI reaches 13.49% and total cumulative return in cash sums $82,805. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,840/mo property income covering a $9,275/mo payment, not borrower’s personal income.
Single Family
Built in 2020
14.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12477, Saugerties, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,371 (100%) |
| Owner Occupied HU | 5,521 (58.9%) |
| Renter Occupied HU | 2,577 (27.5%) |
| Vacant Housing Units | 1,273 (13.6%) |
| Median Home Value | $404,275 |
| Average Home Value | $469,723 |
Housing Distribution
Address Breakdown
Residential
8,684
Single Family
8,360
Multi-Family
324
Businesses
607
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Listed by: Mark McAlpine • Compass Greater NY LLC
Mls Name: Columbia Greene Northern Dutchess MLS
Mls Provider:
Mls ID: #156634
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.