40 Mansard RdDurhamNY12422
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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 Durham at 40 Mansard Rd, Durham, NY, 12422 offers a 8.59% rental yield on a $225,000 purchase with $1,611/mo rent. Total monthly income registers $1,611/mo, and a $1,101/mo payment leaves $109/mo available for distribution. Annual cash flow reaches $1,305/yr on $74,588 to close, and return on cash invested stands at 21.66% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 112.87% and total cumulative return in cash at $84,189. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,611/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1875
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12422, Durham, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 176 (100%) |
| Owner Occupied HU | 91 (51.7%) |
| Renter Occupied HU | 12 ( 6.8%) |
| Vacant Housing Units | 73 (41.5%) |
| Median Home Value | $373,810 |
| Average Home Value | $412,335 |
Housing Distribution
Address Breakdown
Residential
127
Single Family
127
Multi-Family
0
Businesses
6
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Listed by: Elizabeth Alfeld • Keller Williams Hudson Valley
Mls Name: Columbia Greene Northern Dutchess MLS
Mls Provider:
Mls ID: #156568
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