56 Route 20bEast DurhamNY12423
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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 East Durham at 56 Route 20b, East Durham, NY, 12423 priced at $174,900 pairs $1,325/mo rent with $157/mo cash flow after a $856/mo payment. Total monthly income equals $1,325/mo, and annual cash flow comes to $1,885/yr on $57,979 invested. Return on cash invested is 23.16% in year one, and rental yield stands at 9.09% on a $174,900 basis. Equity gained on principal adds $1,129/yr, and 5% annual appreciation accumulates to $48,322 by year five. Five-year ROI measures 120.97% and total cumulative return in cash reaches $70,140. For financing, Ziffy Mortgage’s DSCR program evaluates $1,325/mo property income against a $856/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1973
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12423, East Durham, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 704 (100%) |
| Owner Occupied HU | 392 (55.7%) |
| Renter Occupied HU | 105 (14.9%) |
| Vacant Housing Units | 207 (29.4%) |
| Median Home Value | $253,571 |
| Average Home Value | $320,325 |
Housing Distribution
Address Breakdown
Residential
490
Single Family
490
Multi-Family
0
Businesses
36
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Listed by: Carol A. Decker • RVW Select Properties
Mls Name: Columbia Greene Northern Dutchess MLS
Mls Provider:
Mls ID: #156744
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.