2860 Old Kings RoadCatskillNY12414
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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 2860 Old Kings Road, Catskill, NY, 12414 offers a 9.04% rental yield on a $192,500 purchase with $1,450/mo rent. Total monthly income registers $1,450/mo, and a $942/mo payment leaves $165/mo available for distribution. Annual cash flow reaches $1,977/yr on $63,814 to close, and return on cash invested stands at 23.01% in year one. Equity gained on principal adds $1,242/yr while 5% annual appreciation supports $53,184 over five years. Portfolio math shows five-year ROI at 120.11% and total cumulative return in cash at $76,649. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,450/mo property income against a $942/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
0.50 Acres 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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