509 5th AvenueMiddletownNY10941
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe headline number at 509 5th Avenue, Middletown, NY, 10941 in Middletown is the 1.69 coverage ratio: rent of $1,304/mo versus a $773/mo debt payment on a $172,000 property. Rental yield 9.1%. That margin is what gives Ziffy Mortgage's DSCR loan the coverage it needs for a clean, fast approval, no W-2s, no U.S. residency. Appreciation at 5%/yr projects $47,520 by year five, with $1,584/yr in equity from paydown. Total projected cumulative return: $75,656.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 6.2% |
| Monthly Cash Flow | $(905) | $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 | $1,304 |
| Total Monthly Debt Service | $1,080 |
| DSCR Ratio | 1.21x |
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.
Manufactured
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10941, Middletown, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,178 (100%) |
| Owner Occupied HU | 3,623 (58.6%) |
| Renter Occupied HU | 2,208 (35.7%) |
| Vacant Housing Units | 347 ( 5.6%) |
| Median Home Value | $378,745 |
| Average Home Value | $429,048 |
Housing Distribution
Address Breakdown
Residential
5,642
Single Family
5,030
Multi-Family
612
Businesses
625
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
Manufactured
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10941, Middletown, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,178 (100%) |
| Owner Occupied HU | 3,623 (58.6%) |
| Renter Occupied HU | 2,208 (35.7%) |
| Vacant Housing Units | 347 ( 5.6%) |
| Median Home Value | $378,745 |
| Average Home Value | $429,048 |
Housing Distribution
Address Breakdown
Residential
5,642
Single Family
5,030
Multi-Family
612
Businesses
625
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: John Nahass • Century 21 Full Service Realty
Mls Name: OneKey MLS
Mls ID: #953848