5842 Elm Avenue SMillertonNY12546
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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 Millerton at 5842 Elm Avenue S, Millerton, NY, 12546 earns $1,104/mo cash flow from $3,688/mo rent with a $1,894/mo payment. Total monthly income totals $3,688/mo, and annual cash flow totals $13,246/yr on $128,291 capital. ROI tracks 30.23% on current figures, and rental yield reads 11.44% at a $387,000 purchase. Equity gained on principal adds $2,497/yr, and 5% annual appreciation supports $106,921 over five years. Five-year ROI reaches 158.85% and total cumulative return in cash sums $203,786. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,688/mo property income instead of your personal income.
Single Family
Built in 1913
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12546, Millerton, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,556 (100%) |
| Owner Occupied HU | 831 (53.4%) |
| Renter Occupied HU | 403 (25.9%) |
| Vacant Housing Units | 322 (20.7%) |
| Median Home Value | $447,037 |
| Average Home Value | $646,221 |
Housing Distribution
Address Breakdown
Residential
1,049
Single Family
1,049
Multi-Family
0
Businesses
174
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