3 Fire House LnPutnam StationNY12861
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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 Putnam Station at 3 Fire House Ln, Putnam Station, NY, 12861 priced at $479,000 pairs $1,806/mo rent with after a $2,344/mo payment. Total monthly income equals $1,806/mo. Return on cash invested is 9.39% in year one, and rental yield stands at 4.52% on a $479,000 basis. Equity gained on principal adds $3,091/yr, and 5% annual appreciation accumulates to $132,339 by year five. Five-year ROI measures 47.05% and total cumulative return in cash reaches $74,715. For financing, Ziffy Mortgage’s DSCR program evaluates $1,806/mo property income against a $2,344/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1980
85.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12861, Putnam Station, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 559 (100%) |
| Owner Occupied HU | 206 (36.9%) |
| Renter Occupied HU | 24 ( 4.3%) |
| Vacant Housing Units | 329 (58.9%) |
| Median Home Value | $409,091 |
| Average Home Value | $549,223 |
Housing Distribution
Address Breakdown
Residential
417
Single Family
416
Multi-Family
1
Businesses
10
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Listed by: Michael Fudzinski • WHITETAIL PROPERTIES REAL ESTATE LLC (NY)
Mls Name: NY State MLS
Mls ID: #11330281