36630 State Highway 23Grand GorgeNY12434
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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 Grand Gorge at 36630 State Highway 23, Grand Gorge, NY, 12434 earns $251/mo cash flow from $1,580/mo rent with a $974/mo payment. Total monthly income totals $1,580/mo, and annual cash flow totals $3,013/yr on $65,969 capital. ROI tracks 24.48% on current figures, and rental yield reads 9.53% at a $199,000 purchase. Equity gained on principal adds $1,284/yr, and 5% annual appreciation supports $54,980 over five years. Five-year ROI reaches 128.05% and total cumulative return in cash sums $84,474. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,580/mo property income instead of your personal income.
Single Family
Built in 1960
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12434, Grand Gorge, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 404 (100%) |
| Owner Occupied HU | 218 (54.0%) |
| Renter Occupied HU | 55 (13.6%) |
| Vacant Housing Units | 131 (32.4%) |
| Median Home Value | $250,000 |
| Average Home Value | $267,477 |
Housing Distribution
Address Breakdown
Residential
65
Single Family
43
Multi-Family
22
Businesses
37
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Listed by: Brian Cohen • RHR Realty Group
Mls Name: HVCRMLS
Mls ID: #20254233