4 Carroll BoulevardMillbrookNY12545
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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 Millbrook at 4 Carroll Boulevard, Millbrook, NY, 12545 listed at $465,000 pairs $3,420/mo rent with a $2,276/mo payment to leave $315/mo cash flow. Total monthly income runs $3,420/mo, and annual cash flow reaches $3,777/yr on $154,148 cash to close. Return on cash invested measures 22.36% in year one, and rental yield registers 8.83% at a $465,000 basis. Equity gained on principal adds $3,001/yr, and annual property appreciation at 5% supports $128,471 by year five. Five-year ROI tracks 116.63% and total cumulative return in cash totals $179,783. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,420/mo property income relative to a $2,276/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1965
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12545, Millbrook, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,208 (100%) |
| Owner Occupied HU | 1,246 (56.4%) |
| Renter Occupied HU | 590 (26.7%) |
| Vacant Housing Units | 372 (16.8%) |
| Median Home Value | $594,543 |
| Average Home Value | $751,946 |
Housing Distribution
Address Breakdown
Residential
1,448
Single Family
1,276
Multi-Family
172
Businesses
270
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