429 Sodeman RoadMiddle GroveNY12850
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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 Middle Grove at 429 Sodeman Road, Middle Grove, NY, 12850 offers a 6.57% rental yield on a $499,900 purchase with $2,738/mo rent. 56% in year one. Equity gained on principal adds $3,226/yr while 5% annual appreciation supports $138,113 over five years. Portfolio math shows five-year ROI at 80.18% and total cumulative return in cash at $132,864. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,738/mo property income against a $2,447/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12850, Middle Grove, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,385 (100%) |
| Owner Occupied HU | 1,042 (75.2%) |
| Renter Occupied HU | 122 ( 8.8%) |
| Vacant Housing Units | 221 (16.0%) |
| Median Home Value | $435,762 |
| Average Home Value | $552,044 |
Housing Distribution
Address Breakdown
Residential
1,153
Single Family
1,153
Multi-Family
0
Businesses
32
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Listed by: Daniel Gaba • Coldwell Banker Prime Properties
Mls Name: Global MLS
Mls ID: #202526817