44 Dogwood DriveOliveNY12481
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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 Olive at 44 Dogwood Drive, Olive, NY, 12481 priced at $485,000 converts $4,835/mo rent into $1,596/mo cash flow after a $2,374/mo obligation. Total monthly income equals $4,835/mo, and annual cash flow totals $19,153/yr on $160,778 invested. Return on cash invested prints 31.82% in year one, and rental yield reads 11.96% against a $485,000 entry. Equity gained on principal adds $3,130/yr, while 5% annual appreciation compiles into $133,997 by year five. Five-year ROI reaches 167.38% and total cumulative return in cash sums $269,114. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,835/mo property income covering a $2,374/mo payment, not borrower’s personal income.
Single Family
Built in 1968
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12481, Shokan, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 729 (100%) |
| Owner Occupied HU | 463 (63.5%) |
| Renter Occupied HU | 120 (16.5%) |
| Vacant Housing Units | 146 (20.0%) |
| Median Home Value | $405,769 |
| Average Home Value | $427,748 |
Housing Distribution
Address Breakdown
Residential
553
Single Family
553
Multi-Family
0
Businesses
63
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