31 Reservoir RoadShawangunkNY12589
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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 Shawangunk at 31 Reservoir Road, Shawangunk, NY, 12589 priced at $490,000 converts $3,050/mo rent into after a $2,398/mo obligation. Total monthly income equals $3,050/mo. Return on cash invested prints 18.27% in year one, and rental yield reads 7.47% against a $490,000 entry. Equity gained on principal adds $3,162/yr, while 5% annual appreciation compiles into $135,378 by year five. Five-year ROI reaches 94.72% and total cumulative return in cash sums $153,852. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,050/mo property income covering a $2,398/mo payment, not borrower’s personal income.
Single Family
Built in 1978
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12589, Wallkill, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,918 (100%) |
| Owner Occupied HU | 4,179 (70.6%) |
| Renter Occupied HU | 1,247 (21.1%) |
| Vacant Housing Units | 492 ( 8.3%) |
| Median Home Value | $429,209 |
| Average Home Value | $461,380 |
Housing Distribution
Address Breakdown
Residential
4,943
Single Family
4,919
Multi-Family
24
Businesses
157
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Listed by: Michele Marina • Atlantica East Associates LLC
Mls Name: OneKey MLS
Mls ID: #938058