4429 State Highway 51GarrattsvilleNY13342
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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 Garrattsville at 4429 State Highway 51, Garrattsville, NY, 13342 generates $0/mo in rent, after a $582/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -4.25% in year one, and rental yield is 0% on a $119,000 entry. Equity gained on principal adds $768/yr, while 5% annual appreciation builds toward $32,878 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 1880
0.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13342, Garrattsville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 62 (100%) |
| Owner Occupied HU | 27 (43.5%) |
| Renter Occupied HU | 5 ( 8.1%) |
| Vacant Housing Units | 30 (48.4%) |
| Median Home Value | $237,500 |
| Average Home Value | $279,537 |
Housing Distribution
Address Breakdown
Residential
84
Single Family
84
Multi-Family
0
Businesses
3
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No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Kattie L. Flanagin GRI • Howard Hanna
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #R1539180
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