367 County Route 2AccordNY12404
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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 Accord at 367 County Route 2, Accord, NY, 12404 generates $5,488/mo in rent, after a $4,106/mo payment. Total monthly income is $5,488/mo. Return on cash invested sits at 19.56% in year one, and rental yield is 7.85% on a $839,000 entry. Equity gained on principal adds $5,414/yr, while 5% annual appreciation builds toward $231,800 over five years. Five-year ROI reaches 101.6% and total cumulative return in cash sums $280,452. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,488/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12404, Accord, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,185 (100%) |
| Owner Occupied HU | 1,371 (62.7%) |
| Renter Occupied HU | 301 (13.8%) |
| Vacant Housing Units | 513 (23.5%) |
| Median Home Value | $509,054 |
| Average Home Value | $595,117 |
Housing Distribution
Address Breakdown
Residential
1,674
Single Family
1,674
Multi-Family
0
Businesses
88
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Listed by: Dana M. Matthews • Rouse + Co Real Estate, LLC
Mls Name: Columbia Greene Northern Dutchess MLS
Mls Provider:
Mls ID: #154382
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.