53 Phillips StreetBeaconNY12508
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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 Beacon at 53 Phillips Street, Beacon, NY, 12508 at $795,000 posts ROI 19.79% with from $5,250/mo rent. Total monthly income equals $5,250/mo. Return on cash invested measures 19.79% and rental yield reads 7.92% at the current $795,000. Equity gained on principal adds $5,130/yr, and 5% annual appreciation supports $219,644 by year five. Five-year ROI prints 102.83% and total cumulative return in cash totals $268,954. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,250/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1963
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12508, Beacon, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,673 (100%) |
| Owner Occupied HU | 4,478 (51.6%) |
| Renter Occupied HU | 3,587 (41.4%) |
| Vacant Housing Units | 608 ( 7.0%) |
| Median Home Value | $489,153 |
| Average Home Value | $520,501 |
Housing Distribution
Address Breakdown
Residential
7,824
Single Family
6,316
Multi-Family
1,508
Businesses
572
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