367 Potter Brook RoadChestertownNY12817
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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 Chestertown at 367 Potter Brook Road, Chestertown, NY, 12817 with 5% annual appreciation on a $589,900 basis while $2,357/mo rent supports operations. 28% in year one. Equity gained on principal adds $3,807/yr, and five-year appreciation sums $162,978 alongside rental yield of 4.79%. Five-year ROI measures 51.83% and total cumulative return in cash totals $100,593. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,357/mo property income versus a $2,887/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Apartment
Built in 1970
8.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12817, Chestertown, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,066 (100%) |
| Owner Occupied HU | 794 (38.4%) |
| Renter Occupied HU | 208 (10.1%) |
| Vacant Housing Units | 1,064 (51.5%) |
| Median Home Value | $391,566 |
| Average Home Value | $447,106 |
Housing Distribution
Address Breakdown
Residential
797
Single Family
797
Multi-Family
0
Businesses
99
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Listed by: Sean Rogge • Howard Hanna
Mls Name: Global MLS
Mls ID: #202526274