294 BroadwayUlster ParkNY12487
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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 Ulster Park at 294 Broadway, Ulster Park, NY, 12487 offers $2,130/mo rent that, after a $1,463/mo payment, leaves $134/mo cash flow. Total monthly income is $2,130/mo, and annual cash flow is $1,605/yr on $99,119 cash. Return on cash invested measures 21.53% in year one, and rental yield stands at 8.55% at a $299,000 entry. Equity gained on principal adds $1,929/yr while 5% annual appreciation compounds into $82,608 by year five. Five-year ROI records 112.18% and total cumulative return in cash reaches $111,190. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,130/mo property income versus a $1,463/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12487, Ulster Park, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,551 (100%) |
| Owner Occupied HU | 934 (60.2%) |
| Renter Occupied HU | 447 (28.8%) |
| Vacant Housing Units | 170 (11.0%) |
| Median Home Value | $452,030 |
| Average Home Value | $483,892 |
Housing Distribution
Address Breakdown
Residential
1,204
Single Family
1,139
Multi-Family
65
Businesses
44
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Listed by: Timothy Hurley • Coldwell Banker Village GreenK
Mls Name: HVCRMLS
Mls ID: #20254939