29 Reservoir RoadOliveNY12481
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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 Olive at 29 Reservoir Road, Olive, NY, 12481 with 5% annual appreciation on a $149,000 basis while $1,141/mo rent supports operations. Total monthly income totals $1,141/mo and a $729/mo payment preserves $146/mo for cash returns. Annual cash flow comes to $1,755/yr on $49,394 deployed, and return on cash invested reaches 23.46% in year one. Equity gained on principal adds $961/yr, and five-year appreciation sums $41,166 alongside rental yield of 9.19%. Five-year ROI measures 122.6% and total cumulative return in cash totals $60,556.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,141/mo property income versus a $729/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1913
0.86 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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