51 Forestburgh RoadForestburghNY12777
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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 Forestburgh at 51 Forestburgh Road, Forestburgh, NY, 12777 offers $0/mo rent that, after a $1,806/mo payment. Total monthly income is $0/mo. Return on cash invested measures -4.26% in year one, and rental yield stands at 0% at a $369,000 entry. Equity gained on principal adds $2,381/yr while 5% annual appreciation compounds into $101,948 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $1,806/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1989
3.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12777, Forestburgh, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 524 (100%) |
| Owner Occupied HU | 257 (49.0%) |
| Renter Occupied HU | 49 ( 9.4%) |
| Vacant Housing Units | 218 (41.6%) |
| Median Home Value | $447,959 |
| Average Home Value | $560,292 |
Housing Distribution
Address Breakdown
Residential
393
Single Family
393
Multi-Family
0
Businesses
9
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Joy Romano • Joy Romano Realty
Mls Name: OneKey MLS
Mls ID: #947347