32 Van Derburgh CloseStone RidgeNY12484
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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 Stone Ridge at 32 Van Derburgh Close, Stone Ridge, NY, 12484 offers $3,920/mo rent that, after a $979/mo payment, leaves $2,584/mo cash flow. Total monthly income is $3,920/mo, and annual cash flow is $31,012/yr on $66,300 cash. Return on cash invested measures 66.68% in year one, and rental yield stands at 23.52% at a $200,000 entry. Equity gained on principal adds $1,291/yr while 5% annual appreciation compounds into $55,256 by year five. Five-year ROI records 354.35% and total cumulative return in cash reaches $234,932. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,920/mo property income versus a $979/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Lot
Built in N/A
2.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12484, Stone Ridge, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,524 (100%) |
| Owner Occupied HU | 1,083 (71.1%) |
| Renter Occupied HU | 211 (13.8%) |
| Vacant Housing Units | 230 (15.1%) |
| Median Home Value | $505,471 |
| Average Home Value | $588,823 |
Housing Distribution
Address Breakdown
Residential
1,246
Single Family
1,246
Multi-Family
0
Businesses
145
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Listed by: Richard Vizzini • Corcoran Country Living
Mls Name: UCBR
Mls Provider:
Mls ID: #20243903
Disclaimer: IDX information 2024 by the Multiple Listing Service of Ulster County, Inc. All Rights Reserved. The data relating to real estate on this website comes in part from the IDX of the Multiple Listing Service of Ulster County, Inc. Information is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.