59 New Forge Road #1AncramNY12502
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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 Ancram at 59 New Forge Road #1, Ancram, NY, 12502 priced at $648,000 pairs $5,798/mo rent with $1,470/mo cash flow after a $3,172/mo payment. Total monthly income equals $5,798/mo, and annual cash flow comes to $17,645/yr on $213,192 invested. Return on cash invested is 28.34% in year one, and rental yield stands at 10.74% on a $648,000 basis. Equity gained on principal adds $4,181/yr, and 5% annual appreciation accumulates to $179,030 by year five. Five-year ROI measures 148.65% and total cumulative return in cash reaches $316,918. For financing, Ziffy Mortgage’s DSCR program evaluates $5,798/mo property income against a $3,172/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1964
6.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12502, Ancram, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 681 (100%) |
| Owner Occupied HU | 326 (47.9%) |
| Renter Occupied HU | 87 (12.8%) |
| Vacant Housing Units | 268 (39.4%) |
| Median Home Value | $463,265 |
| Average Home Value | $646,058 |
Housing Distribution
Address Breakdown
Residential
539
Single Family
539
Multi-Family
0
Businesses
37
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