38 Pine DrSouth CairoNY12482
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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 South Cairo at 38 Pine Dr, South Cairo, NY, 12482 priced at $385,000 pairs $5,437/mo rent with $2,866/mo cash flow after a $1,884/mo payment. Total monthly income equals $5,437/mo, and annual cash flow comes to $34,397/yr on $127,628 invested. Return on cash invested is 46.86% in year one, and rental yield stands at 16.95% on a $385,000 basis. Equity gained on principal adds $2,484/yr, and 5% annual appreciation accumulates to $106,368 by year five. Five-year ROI measures 248.01% and total cumulative return in cash reaches $316,534. For financing, Ziffy Mortgage’s DSCR program evaluates $5,437/mo property income against a $1,884/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1960
2.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12482, South Cairo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 221 (100%) |
| Owner Occupied HU | 136 (61.5%) |
| Renter Occupied HU | 45 (20.4%) |
| Vacant Housing Units | 40 (18.1%) |
| Median Home Value | $286,364 |
| Average Home Value | $359,504 |
Housing Distribution
Address Breakdown
Residential
247
Single Family
247
Multi-Family
0
Businesses
18
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Listed by: John E. Sabrowski • Weichert Realtors Fontaine
Mls Name: Columbia Greene Northern Dutchess MLS
Mls Provider:
Mls ID: #152460
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