2943 Thompson Hollow RdMargaretvilleNY12455
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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 Margaretville at 2943 Thompson Hollow Rd, Margaretville, NY, 12455 generates $3,910/mo in rent, after a $4,650/mo payment. Total monthly income is $3,910/mo. Return on cash invested sits at 10.71% in year one, and rental yield is 4.94% on a $950,000 entry. Equity gained on principal adds $6,130/yr, while 5% annual appreciation builds toward $262,467 over five years. Five-year ROI reaches 54.14% and total cumulative return in cash sums $169,226. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,910/mo property income rather than buyer’s personal income.
Single Family
Built in 1972
74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12455, Margaretville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,424 (100%) |
| Owner Occupied HU | 571 (40.1%) |
| Renter Occupied HU | 188 (13.2%) |
| Vacant Housing Units | 665 (46.7%) |
| Median Home Value | $328,175 |
| Average Home Value | $374,457 |
Housing Distribution
Address Breakdown
Residential
548
Single Family
548
Multi-Family
0
Businesses
97
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Listed by: Steven Jewett • Jewett and Jewett LLC
Mls Name: NYSAMLSs
Mls ID: #R1619789