4 Kona LanePlattekillNY12561
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 Plattekill at 4 Kona Lane, Plattekill, NY, 12561 priced at $179,000 pairs $3,960/mo rent with $2,084/mo cash flow after a $876/mo payment. Total monthly income equals $3,960/mo, and annual cash flow comes to $25,005/yr on $59,339 invested. Return on cash invested is 62.05% in year one, and rental yield stands at 26.55% on a $179,000 basis. Equity gained on principal adds $1,155/yr, and 5% annual appreciation accumulates to $49,454 by year five. Five-year ROI measures 334.47% and total cumulative return in cash reaches $198,471. For financing, Ziffy Mortgage’s DSCR program evaluates $3,960/mo property income against a $876/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1991
436 sqft lot
$N/A/sqft
$681 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12561, New Paltz, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,627 (100%) |
| Owner Occupied HU | 4,089 (53.6%) |
| Renter Occupied HU | 2,682 (35.2%) |
| Vacant Housing Units | 856 (11.2%) |
| Median Home Value | $467,188 |
| Average Home Value | $526,502 |
Housing Distribution
Address Breakdown
Residential
6,635
Single Family
6,230
Multi-Family
405
Businesses
688
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Nearby investment properties with comparable prices
Listed by: Angela Paul • Century 21 Alliance Rlty Group
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #H6330329
Disclaimer: The data relating to real estate for sale or lease on this web site comes in part from OneKey MLS. Real estate listings held by brokerage firms other than Zillow, Inc are marked with the OneKey MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. 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. Copyright 2024 OneKey MLS. All rights reserved.