57 Main StreetPhilmontNY12565
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 Philmont at 57 Main Street, Philmont, NY, 12565 priced at $250,000 pairs $1,688/mo rent with $18/mo cash flow after a $1,224/mo payment. Total monthly income equals $1,688/mo, and annual cash flow comes to $218/yr on $82,875 invested. Return on cash invested is 20.17% in year one, and rental yield stands at 8.1% on a $250,000 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,070 by year five. Five-year ROI measures 104.95% and total cumulative return in cash reaches $86,974. For financing, Ziffy Mortgage’s DSCR program evaluates $1,688/mo property income against a $1,224/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1883
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12565, Philmont, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 495 (100%) |
| Owner Occupied HU | 211 (42.6%) |
| Renter Occupied HU | 201 (40.6%) |
| Vacant Housing Units | 83 (16.8%) |
| Median Home Value | $223,611 |
| Average Home Value | $345,557 |
Housing Distribution
Address Breakdown
Residential
33
Single Family
1
Multi-Family
32
Businesses
52
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