308 Main StreetCatskillNY12414
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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 Catskill at 308 Main Street, Catskill, NY, 12414 priced at $1,325,000 pairs $4,600/mo rent with after a $6,485/mo payment. Total monthly income equals $4,600/mo. Return on cash invested is 8.5% in year one, and rental yield stands at 4.17% on a $1,325,000 basis. Equity gained on principal adds $8,550/yr, and 5% annual appreciation accumulates to $366,073 by year five. Five-year ROI measures 42.21% and total cumulative return in cash reaches $181,192. For financing, Ziffy Mortgage’s DSCR program evaluates $4,600/mo property income against a $6,485/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1860
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12414, Catskill, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,004 (100%) |
| Owner Occupied HU | 3,023 (50.3%) |
| Renter Occupied HU | 1,862 (31.0%) |
| Vacant Housing Units | 1,119 (18.6%) |
| Median Home Value | $273,775 |
| Average Home Value | $338,299 |
Housing Distribution
Address Breakdown
Residential
4,732
Single Family
4,536
Multi-Family
196
Businesses
470
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