285 Main StCatskillNY12414
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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 Catskill at 285 Main St, Catskill, NY, 12414 uses $149,175 cash to close to unlock $1,086/yr annual cash flow and $91/mo monthly cash flow. Total monthly income runs $3,096/mo, and a $2,203/mo payment keeps the spread at $91/mo. Purchase price stands at $450,000, and rental yield measures 8.26% with $3,096/mo rent. Return on cash invested shows 20.64% in year one, and 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 107.4% and total cumulative return in cash records $160,218. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,096/mo property income covering a $2,203/mo payment rather than investor’s personal income.
Multi Family
Built in 1920
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12414, Catskill, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,004 (100%) |
| Owner Occupied HU | 3,023 (50.3%) |
| Renter Occupied HU | 1,862 (31.0%) |
| Vacant Housing Units | 1,119 (18.6%) |
| Median Home Value | $273,775 |
| Average Home Value | $338,299 |
Housing Distribution
Address Breakdown
Residential
4,732
Single Family
4,536
Multi-Family
196
Businesses
470
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Listed by: Aysa E. Morehead • Coldwell Banker Village Green
Mls Name: Columbia Greene Northern Dutchess MLS
Mls Provider:
Mls ID: #155847
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.