483 Mountain RoadHigh FallsNY12440
Nearby investment properties with comparable rents
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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 High Falls at 483 Mountain Road, High Falls, NY, 12440 priced at $1,250,000 converts $5,214/mo rent into after a $6,118/mo obligation. Total monthly income equals $5,214/mo. Return on cash invested prints 11.09% in year one, and rental yield reads 5.01% against a $1,250,000 entry. Equity gained on principal adds $8,066/yr, while 5% annual appreciation compiles into $345,352 by year five. Five-year ROI reaches 56.08% and total cumulative return in cash sums $227,137. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,214/mo property income covering a $6,118/mo payment, not borrower’s personal income.
Single Family
Built in 1988
7.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12440, High Falls, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,070 (100%) |
| Owner Occupied HU | 655 (61.2%) |
| Renter Occupied HU | 215 (20.1%) |
| Vacant Housing Units | 200 (18.7%) |
| Median Home Value | $481,111 |
| Average Home Value | $569,912 |
Housing Distribution
Address Breakdown
Residential
863
Single Family
863
Multi-Family
0
Businesses
73
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Nearby investment properties with comparable prices
Listed by: Anne Hilton Purvis • Coldwell Banker Village GreenN
Mls Name: HVCRMLS
Mls ID: #20252711