58 E Mountain Rd SCold SpringNY10516
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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 Cold Spring at 58 E Mountain Rd S, Cold Spring, NY, 10516 uses $200,690 cash to close to unlock $4,130/yr annual cash flow and $344/mo monthly cash flow. Total monthly income runs $4,418/mo, and a $2,986/mo payment keeps the spread at $344/mo. Purchase price stands at $610,000, and rental yield measures 8.69% with $4,418/mo rent. Return on cash invested shows 22.12% in year one, and 5% annual appreciation builds toward $168,532 over five years. Five-year ROI reaches 115.32% and total cumulative return in cash records $231,439. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,418/mo property income covering a $2,986/mo payment rather than investor’s personal income.
Single Family
Built in 1986
1.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10516, Cold Spring, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,627 (100%) |
| Owner Occupied HU | 1,782 (67.8%) |
| Renter Occupied HU | 568 (21.6%) |
| Vacant Housing Units | 277 (10.5%) |
| Median Home Value | $635,809 |
| Average Home Value | $690,983 |
Housing Distribution
Address Breakdown
Residential
2,407
Single Family
2,350
Multi-Family
57
Businesses
341
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