51 Canterbury DriveSaugertiesNY12477
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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 Saugerties at 51 Canterbury Drive, Saugerties, NY, 12477 priced at $560,000 converts $3,985/mo rent into $245/mo cash flow after a $2,741/mo obligation. Total monthly income equals $3,985/mo, and annual cash flow totals $2,944/yr on $184,240 invested. Return on cash invested prints 21.66% in year one, and rental yield reads 8.54% against a $560,000 entry. Equity gained on principal adds $3,614/yr, while 5% annual appreciation compiles into $154,718 by year five. Five-year ROI reaches 112.84% and total cumulative return in cash sums $207,905. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,985/mo property income covering a $2,741/mo payment, not borrower’s personal income.
Single Family
Built in 2002
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12477, Saugerties, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,371 (100%) |
| Owner Occupied HU | 5,521 (58.9%) |
| Renter Occupied HU | 2,577 (27.5%) |
| Vacant Housing Units | 1,273 (13.6%) |
| Median Home Value | $404,275 |
| Average Home Value | $469,723 |
Housing Distribution
Address Breakdown
Residential
8,684
Single Family
8,360
Multi-Family
324
Businesses
607
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Listed by: Winton Morrison • Win Morrison Realty
Mls Name: HVCRMLS
Mls ID: #20255941