54 Bennett CommonMillbrookNY12545
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
Investment Highlights
Rental property for sale in Millbrook at 54 Bennett Common, Millbrook, NY, 12545 offers $3,420/mo rent that, after a $1,835/mo payment, leaves $916/mo cash flow. Total monthly income is $3,420/mo, and annual cash flow is $10,995/yr on $124,313 cash. Return on cash invested measures 28.75% in year one, and rental yield stands at 10.94% at a $375,000 entry. Equity gained on principal adds $2,420/yr while 5% annual appreciation compounds into $103,606 by year five. Five-year ROI records 150.95% and total cumulative return in cash reaches $187,647. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,420/mo property income versus a $1,835/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1965
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12545, Millbrook, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,208 (100%) |
| Owner Occupied HU | 1,246 (56.4%) |
| Renter Occupied HU | 590 (26.7%) |
| Vacant Housing Units | 372 (16.8%) |
| Median Home Value | $594,543 |
| Average Home Value | $751,946 |
Housing Distribution
Address Breakdown
Residential
1,448
Single Family
1,276
Multi-Family
172
Businesses
270
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