38946 State Highway 23PrattsvilleNY12468
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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 Prattsville at 38946 State Highway 23, Prattsville, NY, 12468 generates $3,228/mo in rent, after a $3,304/mo payment. Total monthly income is $3,228/mo. Return on cash invested sits at 13.15% in year one, and rental yield is 5.74% on a $675,000 entry. Equity gained on principal adds $4,356/yr, while 5% annual appreciation builds toward $186,490 over five years. Five-year ROI reaches 67.19% and total cumulative return in cash sums $149,223. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,228/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
154.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12468, Prattsville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,309 (100%) |
| Owner Occupied HU | 520 (39.7%) |
| Renter Occupied HU | 148 (11.3%) |
| Vacant Housing Units | 641 (49.0%) |
| Median Home Value | $265,972 |
| Average Home Value | $321,370 |
Housing Distribution
Address Breakdown
Residential
552
Single Family
507
Multi-Family
45
Businesses
36
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Listed by: Kevin Lucero • Charlotteville Realty
Mls Name: Global MLS
Mls Provider:
Mls ID: #202426868
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. Judy Moriarty, Zillow, Inc., Corp. Broker