518 Modena Country Clb #518GardinerNY12525
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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
Investment property for sale in Gardiner at 518 Modena Country Clb #518, Gardiner, NY, 12525 uses $49,029 cash to close to unlock $2,247/yr annual cash flow and $187/mo monthly cash flow. Total monthly income runs $1,175/mo, and a $724/mo payment keeps the spread at $187/mo. Purchase price stands at $147,900, and rental yield measures 9.53% with $1,175/mo rent. Return on cash invested shows 24.49% in year one, and 5% annual appreciation builds toward $40,862 over five years. Five-year ROI reaches 128.14% and total cumulative return in cash records $62,827. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,175/mo property income covering a $724/mo payment rather than investor’s personal income.
Manufactured
Built in 2022
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12525, Gardiner, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,625 (100%) |
| Owner Occupied HU | 1,102 (67.8%) |
| Renter Occupied HU | 297 (18.3%) |
| Vacant Housing Units | 226 (13.9%) |
| Median Home Value | $479,927 |
| Average Home Value | $529,369 |
Housing Distribution
Address Breakdown
Residential
1,450
Single Family
1,450
Multi-Family
0
Businesses
149
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