2950 New Prospect RoadShawangunkNY12566
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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 Shawangunk at 2950 New Prospect Road, Shawangunk, NY, 12566 offers a 8.09% rental yield on a $710,000 purchase with $4,786/mo rent. Total monthly income registers $4,786/mo, and a $3,475/mo payment leaves $45/mo available for distribution. Annual cash flow reaches $538/yr on $233,590 to close, and return on cash invested stands at 20.29% in year one. Equity gained on principal adds $4,582/yr while 5% annual appreciation supports $196,160 over five years. Portfolio math shows five-year ROI at 105.5% and total cumulative return in cash at $246,431. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,786/mo property income against a $3,475/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
4.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12566, Pine Bush, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,781 (100%) |
| Owner Occupied HU | 3,376 (70.6%) |
| Renter Occupied HU | 946 (19.8%) |
| Vacant Housing Units | 459 ( 9.6%) |
| Median Home Value | $384,024 |
| Average Home Value | $417,250 |
Housing Distribution
Address Breakdown
Residential
3,848
Single Family
3,725
Multi-Family
123
Businesses
260
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Listed by: Jeanine Stoddard • Coldwell Banker Village GreenN
Mls Name: HVCRMLS
Mls ID: #20256039