40 Engel RoadOld ChathamNY12136
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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 Old Chatham at 40 Engel Road, Old Chatham, NY, 12136 with 5% annual appreciation on a $785,000 basis while $7,705/mo rent supports operations. Total monthly income totals $7,705/mo and a $3,842/mo payment preserves $2,463/mo for cash returns. Annual cash flow comes to $29,557/yr on $258,265 deployed, and return on cash invested reaches 31.5% in year one. Equity gained on principal adds $5,065/yr, and five-year appreciation sums $216,881 alongside rental yield of 11.78%. Five-year ROI measures 165.65% and total cumulative return in cash totals $427,826.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $7,705/mo property income versus a $3,842/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1984
11.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12136, Old Chatham, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 564 (100%) |
| Owner Occupied HU | 354 (62.8%) |
| Renter Occupied HU | 86 (15.2%) |
| Vacant Housing Units | 124 (22.0%) |
| Median Home Value | $448,936 |
| Average Home Value | $627,790 |
Housing Distribution
Address Breakdown
Residential
425
Single Family
425
Multi-Family
0
Businesses
43
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Listed by: Nancy Felcetto • Brown Harris Stevens Hudson
Mls Name: HVCRMLS
Mls ID: #20255580