331 Merwin RoadMillertonNY12546
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 Millerton at 331 Merwin Road, Millerton, NY, 12546 earns from $3,220/mo rent with a $2,570/mo payment. Total monthly income totals $3,220/mo. ROI tracks 18.07% on current figures, and rental yield reads 7.36% at a $525,000 purchase. Equity gained on principal adds $3,388/yr, and 5% annual appreciation supports $145,048 over five years. Five-year ROI reaches 93.6% and total cumulative return in cash sums $161,673. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,220/mo property income instead of your personal income.
Single Family
Built in 1820
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12546, Millerton, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,556 (100%) |
| Owner Occupied HU | 831 (53.4%) |
| Renter Occupied HU | 403 (25.9%) |
| Vacant Housing Units | 322 (20.7%) |
| Median Home Value | $447,037 |
| Average Home Value | $646,221 |
Housing Distribution
Address Breakdown
Residential
1,049
Single Family
1,049
Multi-Family
0
Businesses
174
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Nearby investment properties with comparable prices
Listed by: Mary A. Taylor • William Pitt Sothebys Int Rlty
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #864683
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