287 Hilltop RdMonticelloNY12701
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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
Rental property for sale in Monticello at 287 Hilltop Rd, Monticello, NY, 12701 generates $3,622/mo in rent and, after a $1,640/mo payment, leaves $1,385/mo in cash flow. Total monthly income is $3,622/mo, and annual cash flow is $16,615/yr on $111,053 invested. Return on cash invested sits at 34.87% in year one, and rental yield is 12.97% on a $335,000 entry. Equity gained on principal adds $2,162/yr, while 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 183.73% and total cumulative return in cash sums $204,032. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,622/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12701, Monticello, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,397 (100%) |
| Owner Occupied HU | 2,153 (25.6%) |
| Renter Occupied HU | 3,221 (38.4%) |
| Vacant Housing Units | 3,023 (36.0%) |
| Median Home Value | $262,260 |
| Average Home Value | $318,832 |
Housing Distribution
Address Breakdown
Residential
5,858
Single Family
4,786
Multi-Family
1,072
Businesses
707
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