2981 Route 20CornwallvilleNY12418
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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 Cornwallville at 2981 Route 20, Cornwallville, NY, 12418 earns $1,585/mo cash flow from $2,586/mo rent with a $734/mo payment. Total monthly income totals $2,586/mo, and annual cash flow totals $19,016/yr on $49,692 capital. ROI tracks 58.18% on current figures, and rental yield reads 20.7% at a $149,900 purchase. Equity gained on principal adds $967/yr, and 5% annual appreciation supports $41,415 over five years. Five-year ROI reaches 308.72% and total cumulative return in cash sums $153,407. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,586/mo property income instead of your personal income.
Single Family
Built in 1790
0.50 Acres lot
$N/A/sqft
No HOA
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Listed by: Carrie Dandridge • Oxford Property Group LLC
Mls Name: Columbia Greene Northern Dutchess MLS
Mls Provider:
Mls ID: #154748
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.