4 Ivanhoe CourtMonticelloNY12701
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
Investment property for sale in Monticello at 4 Ivanhoe Court, Monticello, NY, 12701 uses $77,903 cash to close to unlock $4,211/yr annual cash flow and $351/mo monthly cash flow. Total monthly income runs $1,920/mo, and a $1,150/mo payment keeps the spread at $351/mo. Purchase price stands at $235,000, and rental yield measures 9.8% with $1,920/mo rent. Return on cash invested shows 25.31% in year one, and 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 132.46% and total cumulative return in cash records $103,192. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,920/mo property income covering a $1,150/mo payment rather than investor’s personal income.
Single Family
Built in 1987
1,080 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12701, Monticello, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,397 (100%) |
| Owner Occupied HU | 2,153 (25.6%) |
| Renter Occupied HU | 3,221 (38.4%) |
| Vacant Housing Units | 3,023 (36.0%) |
| Median Home Value | $262,260 |
| Average Home Value | $318,832 |
Housing Distribution
Address Breakdown
Residential
5,858
Single Family
4,786
Multi-Family
1,072
Businesses
707
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Fern L. Faber • Myrna Ginsberg
Mls Name: OneKey MLS
Mls ID: #897973