484 Rock AveChestertownNY12817
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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 Chestertown at 484 Rock Ave, Chestertown, NY, 12817 offers $2,707/mo rent that, after a $1,831/mo payment, leaves $209/mo cash flow. Total monthly income is $2,707/mo, and annual cash flow is $2,508/yr on $123,981 cash. Return on cash invested measures 21.93% in year one, and rental yield stands at 8.69% at a $374,000 entry. Equity gained on principal adds $2,413/yr while 5% annual appreciation compounds into $103,329 by year five. Five-year ROI records 114.37% and total cumulative return in cash reaches $141,793. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,707/mo property income versus a $1,831/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1988
6.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12817, Chestertown, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,066 (100%) |
| Owner Occupied HU | 794 (38.4%) |
| Renter Occupied HU | 208 (10.1%) |
| Vacant Housing Units | 1,064 (51.5%) |
| Median Home Value | $391,566 |
| Average Home Value | $447,106 |
Housing Distribution
Address Breakdown
Residential
797
Single Family
797
Multi-Family
0
Businesses
99
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Listed by: Barbara Kearney • Hunt ERA
Mls Name: Global MLS
Mls ID: #202525236