2975 Route 9Cold SpringNY10516
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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 Cold Spring at 2975 Route 9, Cold Spring, NY, 10516 generates $4,240/mo in rent, after a $3,793/mo payment. Total monthly income is $4,240/mo. Return on cash invested sits at 15.66% in year one, and rental yield is 6.57% on a $775,000 entry. Equity gained on principal adds $5,001/yr, while 5% annual appreciation builds toward $214,118 over five years. Five-year ROI reaches 80.66% and total cumulative return in cash sums $205,651. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,240/mo property income rather than buyer’s personal income.
Multi Family
Built in 1967
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10516, Cold Spring, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,627 (100%) |
| Owner Occupied HU | 1,782 (67.8%) |
| Renter Occupied HU | 568 (21.6%) |
| Vacant Housing Units | 277 (10.5%) |
| Median Home Value | $635,809 |
| Average Home Value | $690,983 |
Housing Distribution
Address Breakdown
Residential
2,407
Single Family
2,350
Multi-Family
57
Businesses
341
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Listed by: Patrick O'sullivan • LIMITED EDITIONS REALTY INC
Mls Name: NY State MLS
Mls ID: #11578328