2832-2840 Rt-28ShokanNY12481
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
Investment property for sale in Shokan at 2832-2840 Rt-28, Shokan, NY, 12481 offers a 6.39% rental yield on a $360,500 purchase with $1,920/mo rent. 02% in year one. Equity gained on principal adds $2,326/yr while 5% annual appreciation supports $99,600 over five years. Portfolio math shows five-year ROI at 77.3% and total cumulative return in cash at $92,374. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,920/mo property income against a $1,764/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12481, Shokan, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 729 (100%) |
| Owner Occupied HU | 463 (63.5%) |
| Renter Occupied HU | 120 (16.5%) |
| Vacant Housing Units | 146 (20.0%) |
| Median Home Value | $405,769 |
| Average Home Value | $427,748 |
Housing Distribution
Address Breakdown
Residential
553
Single Family
553
Multi-Family
0
Businesses
63
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Nearby investment properties with comparable prices
Listed by: Edwin Maldonado • Howard Hanna Rand Realty
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #871955
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