40-67 Popstone RoadStone RidgeNY12484
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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 Stone Ridge at 40-67 Popstone Road, Stone Ridge, NY, 12484 generates $2,220/mo in rent, after a $4,821/mo payment. Total monthly income is $2,220/mo. Return on cash invested sits at 3.92% in year one, and rental yield is 2.7% on a $985,000 entry. Equity gained on principal adds $6,356/yr, while 5% annual appreciation builds toward $272,137 over five years. Five-year ROI reaches 17.74% and total cumulative return in cash sums $57,490. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,220/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
8 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12484, Stone Ridge, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,524 (100%) |
| Owner Occupied HU | 1,083 (71.1%) |
| Renter Occupied HU | 211 (13.8%) |
| Vacant Housing Units | 230 (15.1%) |
| Median Home Value | $505,471 |
| Average Home Value | $588,823 |
Housing Distribution
Address Breakdown
Residential
1,246
Single Family
1,246
Multi-Family
0
Businesses
145
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Listed by: Heidi Maloney • Four Seasons Sotheby's Int'l R
Mls Name: HVCRMLS
Mls ID: #20252442