354 Merwin StJewettNY12444
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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 Jewett at 354 Merwin St, Jewett, NY, 12444 priced at $899,000 converts $5,659/mo rent into after a $4,400/mo obligation. Total monthly income equals $5,659/mo. Return on cash invested prints 18.66% in year one, and rental yield reads 7.55% against a $899,000 entry. Equity gained on principal adds $5,801/yr, while 5% annual appreciation compiles into $248,377 by year five. Five-year ROI reaches 96.77% and total cumulative return in cash sums $286,222. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,659/mo property income covering a $4,400/mo payment, not borrower’s personal income.
Single Family
Built in 1970
27.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12444, Jewett, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 598 (100%) |
| Owner Occupied HU | 182 (30.4%) |
| Renter Occupied HU | 31 ( 5.2%) |
| Vacant Housing Units | 385 (64.4%) |
| Median Home Value | $406,250 |
| Average Home Value | $521,676 |
Housing Distribution
Address Breakdown
Residential
154
Single Family
154
Multi-Family
0
Businesses
9
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Listed by: Sharon E. Knudsen • Coldwell Banker Village Green
Mls Name: Columbia Greene Northern Dutchess MLS
Mls Provider:
Mls ID: #155272
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.