40 Thompson StCatskillNY12414
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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 Catskill at 40 Thompson St, Catskill, NY, 12414 priced at $129,000 converts $3,600/mo rent into $2,739/mo cash flow after a $631/mo obligation. Total monthly income equals $3,600/mo, and annual cash flow totals $32,867/yr on $42,764 invested. Return on cash invested prints 96.77% in year one, and rental yield reads 33.49% against a $129,000 entry. Equity gained on principal adds $832/yr, while 5% annual appreciation compiles into $35,640 by year five. Five-year ROI reaches 515.6% and total cumulative return in cash sums $220,489. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,600/mo property income covering a $631/mo payment, not borrower’s personal income.
Multi Family
Built in 1910
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12414, Catskill, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,004 (100%) |
| Owner Occupied HU | 3,023 (50.3%) |
| Renter Occupied HU | 1,862 (31.0%) |
| Vacant Housing Units | 1,119 (18.6%) |
| Median Home Value | $273,775 |
| Average Home Value | $338,299 |
Housing Distribution
Address Breakdown
Residential
4,732
Single Family
4,536
Multi-Family
196
Businesses
470
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Listed by: Erin Ye • Century 21 New West
Mls Name: Columbia Greene Northern Dutchess MLS
Mls Provider:
Mls ID: #153769
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