33 Main StreetMiddle GroveNY12850
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
Rental property for sale in Middle Grove at 33 Main Street, Middle Grove, NY, 12850 offers $2,358/mo rent that, after a $1,933/mo payment. Total monthly income is $2,358/mo. Return on cash invested measures 17.35% in year one, and rental yield stands at 7.16% at a $395,000 entry. Equity gained on principal adds $2,549/yr while 5% annual appreciation compounds into $109,131 by year five. Five-year ROI records 89.76% and total cumulative return in cash reaches $117,534. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,358/mo property income versus a $1,933/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12850, Middle Grove, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,385 (100%) |
| Owner Occupied HU | 1,042 (75.2%) |
| Renter Occupied HU | 122 ( 8.8%) |
| Vacant Housing Units | 221 (16.0%) |
| Median Home Value | $435,762 |
| Average Home Value | $552,044 |
Housing Distribution
Address Breakdown
Residential
1,153
Single Family
1,153
Multi-Family
0
Businesses
32
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Nearby investment properties with comparable prices
Listed by: Shayna L Goodson • Find Advisors
Mls Name: Global MLS
Mls ID: #202528229