353 Devon Farms Road RoadStormvilleNY12582
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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
Investment property for sale in Stormville at 353 Devon Farms Road Road, Stormville, NY, 12582 listed at $998,000 pairs $6,886/mo rent with a $4,885/mo payment to leave $221/mo cash flow. Total monthly income runs $6,886/mo, and annual cash flow reaches $2,655/yr on $328,342 cash to close. Return on cash invested measures 20.87% in year one, and rental yield registers 8.28% at a $998,000 basis. Equity gained on principal adds $6,440/yr, and annual property appreciation at 5% supports $275,729 by year five. Five-year ROI tracks 108.61% and total cumulative return in cash totals $356,604. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,886/mo property income relative to a $4,885/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2022
5.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12582, Stormville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,633 (100%) |
| Owner Occupied HU | 1,368 (83.8%) |
| Renter Occupied HU | 193 (11.8%) |
| Vacant Housing Units | 72 ( 4.4%) |
| Median Home Value | $502,037 |
| Average Home Value | $570,780 |
Housing Distribution
Address Breakdown
Residential
1,574
Single Family
1,574
Multi-Family
0
Businesses
91
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Listed by: Richard Perez • Halter Associates Realty
Mls Name: HVCRMLS
Mls ID: #20255169