28 Spring StreetMiddletownNY10940
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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
Investment property for sale in Middletown at 28 Spring Street, Middletown, NY, 10940 earns $153/mo cash flow from $2,350/mo rent with a $1,610/mo payment. Total monthly income totals $2,350/mo, and annual cash flow totals $1,839/yr on $109,064 capital. ROI tracks 21.6% on current figures, and rental yield reads 8.57% at a $329,000 purchase. Equity gained on principal adds $2,123/yr, and 5% annual appreciation supports $90,897 over five years. Five-year ROI reaches 112.54% and total cumulative return in cash sums $122,745. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,350/mo property income instead of your personal income.
Single Family
Built in 1920
7,854 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10940, Middletown, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,106 (100%) |
| Owner Occupied HU | 11,235 (50.8%) |
| Renter Occupied HU | 9,173 (41.5%) |
| Vacant Housing Units | 1,698 ( 7.7%) |
| Median Home Value | $373,304 |
| Average Home Value | $435,188 |
Housing Distribution
Address Breakdown
Residential
20,289
Single Family
18,069
Multi-Family
2,220
Businesses
1,629
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Listed by: Leidy Placido • Howard Hanna Rand Realty
Mls Name: OneKey MLS
Mls ID: #930885