38 Landon AvenueCatskillNY12414
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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 Catskill at 38 Landon Avenue, Catskill, NY, 12414 offers $3,151/mo rent that, after a $1,713/mo payment, leaves $814/mo cash flow. Total monthly income is $3,151/mo, and annual cash flow is $9,766/yr on $116,025 cash. Return on cash invested measures 28.33% in year one, and rental yield stands at 10.8% at a $350,000 entry. Equity gained on principal adds $2,258/yr while 5% annual appreciation compounds into $96,699 by year five. Five-year ROI records 148.61% and total cumulative return in cash reaches $172,430. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,151/mo property income versus a $1,713/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12414, Catskill, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,004 (100%) |
| Owner Occupied HU | 3,023 (50.3%) |
| Renter Occupied HU | 1,862 (31.0%) |
| Vacant Housing Units | 1,119 (18.6%) |
| Median Home Value | $273,775 |
| Average Home Value | $338,299 |
Housing Distribution
Address Breakdown
Residential
4,732
Single Family
4,536
Multi-Family
196
Businesses
470
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Listed by: Angela Lanuto, RSPS • Coldwell Banker Village Green
Mls Name: HVCRMLS
Mls Provider:
Mls ID: #20253010
Disclaimer: IDX information 2025 by the Hudson Valley Catskill Region MLS. All Rights Reserved. The data relating to real estate on this website comes in part from the IDX of the Hudson Valley Catskill Region MLS. Information is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.