541 Cold Spring RoadMonticelloNY12701
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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 Monticello at 541 Cold Spring Road, Monticello, NY, 12701 priced at $575,000 pairs $2,820/mo rent with after a $2,814/mo payment. Total monthly income equals $2,820/mo. Return on cash invested is 13.59% in year one, and rental yield stands at 5.89% on a $575,000 basis. Equity gained on principal adds $3,710/yr, and 5% annual appreciation accumulates to $158,862 by year five. Five-year ROI measures 69.6% and total cumulative return in cash reaches $131,663. For financing, Ziffy Mortgage’s DSCR program evaluates $2,820/mo property income against a $2,814/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1926
1.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12701, Monticello, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,397 (100%) |
| Owner Occupied HU | 2,153 (25.6%) |
| Renter Occupied HU | 3,221 (38.4%) |
| Vacant Housing Units | 3,023 (36.0%) |
| Median Home Value | $262,260 |
| Average Home Value | $318,832 |
Housing Distribution
Address Breakdown
Residential
5,858
Single Family
4,786
Multi-Family
1,072
Businesses
707
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Listed by: Katy L. Porte • Compass Greater NY, LLC
Mls Name: OneKey MLS
Mls ID: #830873