31 Blueberry LaneStormvilleNY12582
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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 Stormville at 31 Blueberry Lane, Stormville, NY, 12582 priced at $1,495,000 converts $2,760/mo rent into after a $7,317/mo obligation. Total monthly income equals $2,760/mo. Return on cash invested prints 2.48% in year one, and rental yield reads 2.22% against a $1,495,000 entry. Equity gained on principal adds $9,647/yr, while 5% annual appreciation compiles into $413,041 by year five. Five-year ROI reaches 9.91% and total cumulative return in cash sums $48,001. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,760/mo property income covering a $7,317/mo payment, not borrower’s personal income.
Single Family
Built in 1939
17.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12582, Stormville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,633 (100%) |
| Owner Occupied HU | 1,368 (83.8%) |
| Renter Occupied HU | 193 (11.8%) |
| Vacant Housing Units | 72 ( 4.4%) |
| Median Home Value | $502,037 |
| Average Home Value | $570,780 |
Housing Distribution
Address Breakdown
Residential
1,574
Single Family
1,574
Multi-Family
0
Businesses
91
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Listed by: Steven Wrobel Jr • Serhant LLC
Mls Name: OneKey MLS
Mls ID: #907214