3025 State Route 42MonticelloNY12777
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Monticello at 3025 State Route 42, Monticello, NY, 12777 priced at $299,000 converts $2,798/mo rent into $802/mo cash flow after a $1,463/mo obligation. Total monthly income equals $2,798/mo, and annual cash flow totals $9,621/yr on $99,119 invested. Return on cash invested prints 29.62% in year one, and rental yield reads 11.23% against a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation compiles into $82,608 by year five. Five-year ROI reaches 155.53% and total cumulative return in cash sums $154,162. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,798/mo property income covering a $1,463/mo payment, not borrower’s personal income.
Single Family
Built in 1980
1.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12777, Forestburgh, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 524 (100%) |
| Owner Occupied HU | 257 (49.0%) |
| Renter Occupied HU | 49 ( 9.4%) |
| Vacant Housing Units | 218 (41.6%) |
| Median Home Value | $447,959 |
| Average Home Value | $560,292 |
Housing Distribution
Address Breakdown
Residential
393
Single Family
393
Multi-Family
0
Businesses
9
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Nearby investment properties with comparable prices
Listed by: Steven Cabrera • Resort Realty
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #H6328804
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