3371 Route 23aCatskillNY12463
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 Catskill at 3371 Route 23a, Catskill, NY, 12463 offers a 22.48% rental yield on a $199,000 purchase with $3,728/mo rent. Total monthly income registers $3,728/mo, and a $974/mo payment leaves $2,399/mo available for distribution. Annual cash flow reaches $28,789/yr on $65,969 to close, and return on cash invested stands at 63.55% in year one. Equity gained on principal adds $1,284/yr while 5% annual appreciation supports $54,980 over five years. Portfolio math shows five-year ROI at 337.57% and total cumulative return in cash at $222,690. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,728/mo property income against a $974/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
10,671 sqft 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: Alex Edward Alvarez • Compass Greater NY LLC
Mls Name: Columbia Greene Northern Dutchess MLS
Mls Provider:
Mls ID: #154939
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.