281 Blind Pond RdNarrowsburgNY12764
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Narrowsburg at 281 Blind Pond Rd, Narrowsburg, NY, 12764 priced at $329,000 converts $2,514/mo rent into $317/mo cash flow after a $1,610/mo obligation. Total monthly income equals $2,514/mo, and annual cash flow totals $3,807/yr on $109,064 invested. Return on cash invested prints 23.4% in year one, and rental yield reads 9.17% against a $329,000 entry. Equity gained on principal adds $2,123/yr, while 5% annual appreciation compiles into $90,897 by year five. Five-year ROI reaches 122.23% and total cumulative return in cash sums $133,305. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,514/mo property income covering a $1,610/mo payment, not borrower’s personal income.
Manufactured
Built in 1987
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12764, Narrowsburg, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,556 (100%) |
| Owner Occupied HU | 701 (45.1%) |
| Renter Occupied HU | 156 (10.0%) |
| Vacant Housing Units | 699 (44.9%) |
| Median Home Value | $346,765 |
| Average Home Value | $435,934 |
Housing Distribution
Address Breakdown
Residential
948
Single Family
948
Multi-Family
0
Businesses
100
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Listed by: Baily Paige Leet • Christian Saunders Real Estate
Mls Name: PWAR
Mls ID: #PW252238