331 Ledgemoor RdPalenvilleNY12463
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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 Palenville at 331 Ledgemoor Rd, Palenville, NY, 12463 priced at $999,900 pairs $1,518/mo rent with after a $4,894/mo payment. Total monthly income equals $1,518/mo. Return on cash invested is 1.24% in year one, and rental yield stands at 1.82% on a $999,900 basis. Equity gained on principal adds $6,452/yr, and 5% annual appreciation accumulates to $276,254 by year five. Five-year ROI measures 3.34% and total cumulative return in cash reaches $10,988. For financing, Ziffy Mortgage’s DSCR program evaluates $1,518/mo property income against a $4,894/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1903
94.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12463, Palenville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 925 (100%) |
| Owner Occupied HU | 488 (52.8%) |
| Renter Occupied HU | 195 (21.1%) |
| Vacant Housing Units | 242 (26.2%) |
| Median Home Value | $258,228 |
| Average Home Value | $392,367 |
Housing Distribution
Address Breakdown
Residential
609
Single Family
609
Multi-Family
0
Businesses
30
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Listed by: Sherri Manning ABR, SRS • Catskill Heritage Realty, LLC
Mls Name: NYSAMLSs
Mls ID: #R1653634