30 N Main StreetPine PlainsNY12567
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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 Pine Plains at 30 N Main Street, Pine Plains, NY, 12567 priced at $545,000 converts $3,343/mo rent into after a $2,668/mo obligation. Total monthly income equals $3,343/mo. Return on cash invested prints 18.07% in year one, and rental yield reads 7.36% against a $545,000 entry. Equity gained on principal adds $3,517/yr, while 5% annual appreciation compiles into $150,573 by year five. Five-year ROI reaches 93.63% and total cumulative return in cash sums $167,880. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,343/mo property income covering a $2,668/mo payment, not borrower’s personal income.
Single Family
Built in 1880
0.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12567, Pine Plains, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,525 (100%) |
| Owner Occupied HU | 938 (61.5%) |
| Renter Occupied HU | 293 (19.2%) |
| Vacant Housing Units | 294 (19.3%) |
| Median Home Value | $421,805 |
| Average Home Value | $554,861 |
Housing Distribution
Address Breakdown
Residential
1,114
Single Family
1,114
Multi-Family
0
Businesses
115
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Listed by: Arleen Shepley • Elyse Harney Real Estate
Mls Name: HVCRMLS
Mls ID: #20253285