3 Lake DriveEllenvilleNY12428
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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 Ellenville at 3 Lake Drive, Ellenville, NY, 12428 with 5% annual appreciation on a $396,500 basis while $2,905/mo rent supports operations. Total monthly income totals $2,905/mo and a $1,941/mo payment preserves $257/mo for cash returns. Annual cash flow comes to $3,083/yr on $131,440 deployed, and return on cash invested reaches 22.25% in year one. Equity gained on principal adds $2,559/yr, and five-year appreciation sums $109,546 alongside rental yield of 8.79%. Five-year ROI measures 116.06% and total cumulative return in cash totals $152,553.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,905/mo property income versus a $1,941/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1960
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12428, Ellenville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,660 (100%) |
| Owner Occupied HU | 1,339 (36.6%) |
| Renter Occupied HU | 1,381 (37.7%) |
| Vacant Housing Units | 940 (25.7%) |
| Median Home Value | $253,611 |
| Average Home Value | $312,115 |
Housing Distribution
Address Breakdown
Residential
2,846
Single Family
2,520
Multi-Family
326
Businesses
322
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Listed by: E. Jeffrey Dolfinger • Century 21 Hudson Valley Rlty.
Mls Name: OneKey MLS
Mls ID: #939855