294 Purling RoundRound TopNY12473
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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 Round Top at 294 Purling Round, Round Top, NY, 12473 priced at $549,000 converts $6,564/mo rent into $2,898/mo cash flow after a $2,687/mo obligation. Total monthly income equals $6,564/mo, and annual cash flow totals $34,775/yr on $180,621 invested. Return on cash invested prints 39.31% in year one, and rental yield reads 14.35% against a $549,000 entry. Equity gained on principal adds $3,543/yr, while 5% annual appreciation compiles into $151,679 by year five. Five-year ROI reaches 207.51% and total cumulative return in cash sums $374,804. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,564/mo property income covering a $2,687/mo payment, not borrower’s personal income.
Single Family
Built in 2022
3.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12473, Round Top, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 514 (100%) |
| Owner Occupied HU | 324 (63.0%) |
| Renter Occupied HU | 91 (17.7%) |
| Vacant Housing Units | 99 (19.3%) |
| Median Home Value | $301,010 |
| Average Home Value | $311,975 |
Housing Distribution
Address Breakdown
Residential
243
Single Family
243
Multi-Family
0
Businesses
41
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Listed by: Elizabeth Alfeld • Keller Williams Hudson Valley
Mls Name: Columbia Greene Northern Dutchess MLS
Mls Provider:
Mls ID: #151892
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.