31 Old Route 22WassaicNY12592
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
Investment property for sale in Wassaic at 31 Old Route 22, Wassaic, NY, 12592 listed at $250,000 pairs $2,135/mo rent with a $1,224/mo payment to leave $465/mo cash flow. Total monthly income runs $2,135/mo, and annual cash flow reaches $5,582/yr on $82,875 cash to close. Return on cash invested measures 26.64% in year one, and rental yield registers 10.25% at a $250,000 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,070 by year five. Five-year ROI tracks 139.65% and total cumulative return in cash totals $115,738. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,135/mo property income relative to a $1,224/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1846
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12592, Wassaic, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 505 (100%) |
| Owner Occupied HU | 281 (55.6%) |
| Renter Occupied HU | 126 (25.0%) |
| Vacant Housing Units | 98 (19.4%) |
| Median Home Value | $428,125 |
| Average Home Value | $626,077 |
Housing Distribution
Address Breakdown
Residential
475
Single Family
475
Multi-Family
0
Businesses
36
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices