3852 Route 28OliveNY12412
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Olive at 3852 Route 28, Olive, NY, 12412 generates $3,838/mo in rent and, after a $2,442/mo payment, leaves $506/mo in cash flow. Total monthly income is $3,838/mo, and annual cash flow is $6,073/yr on $165,419 invested. Return on cash invested sits at 23.58% in year one, and rental yield is 9.23% on a $499,000 entry. Equity gained on principal adds $3,220/yr, while 5% annual appreciation builds toward $137,865 over five years. Five-year ROI reaches 123.18% and total cumulative return in cash sums $203,766. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,838/mo property income rather than buyer’s personal income.
Manufactured
Built in 1989
8.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12412, Boiceville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 357 (100%) |
| Owner Occupied HU | 209 (58.5%) |
| Renter Occupied HU | 44 (12.3%) |
| Vacant Housing Units | 104 (29.1%) |
| Median Home Value | $447,917 |
| Average Home Value | $482,859 |
Housing Distribution
Address Breakdown
Residential
219
Single Family
219
Multi-Family
0
Businesses
35
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ellen Osgood • Coldwell Banker Village Green
Mls Name: UCBR
Mls Provider:
Mls ID: #20242113
Disclaimer: IDX information 2024 by the Multiple Listing Service of Ulster County, Inc. All Rights Reserved. The data relating to real estate on this website comes in part from the IDX of the Multiple Listing Service of Ulster County, Inc. 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.