44 Water StGhentNY12075
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 44 Water St, Ghent, NY, 12075 in Ghent. Priced at $249,000, it generates $4,723/mo in gross rent and $3,060/mo in net monthly cash flow, a 22.76% yield that comfortably supports the 4.22 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $36,725. Five-year appreciation: $68,794. Equity from principal paydown: $2,293/yr. Total projected cumulative return: $291,837.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 22.8% | 6.2% |
| Monthly Cash Flow | $3,060 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $4,723 |
| Total Monthly Debt Service | $1,564 |
| DSCR Ratio | 3.02x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1908
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12075, Ghent, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,538 (100%) |
| Owner Occupied HU | 1,061 (69.0%) |
| Renter Occupied HU | 224 (14.6%) |
| Vacant Housing Units | 253 (16.4%) |
| Median Home Value | $404,009 |
| Average Home Value | $501,975 |
Housing Distribution
Address Breakdown
Residential
1,245
Single Family
1,245
Multi-Family
0
Businesses
109
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1908
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12075, Ghent, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,538 (100%) |
| Owner Occupied HU | 1,061 (69.0%) |
| Renter Occupied HU | 224 (14.6%) |
| Vacant Housing Units | 253 (16.4%) |
| Median Home Value | $404,009 |
| Average Home Value | $501,975 |
Housing Distribution
Address Breakdown
Residential
1,245
Single Family
1,245
Multi-Family
0
Businesses
109
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices