59 Scribner Hollow Rd. #B2HunterNY12442
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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 Hunter at 59 Scribner Hollow Rd. #B2, Hunter, NY, 12442 priced at $459,000 converts $4,018/mo rent into $952/mo cash flow after a $2,247/mo obligation. Total monthly income equals $4,018/mo, and annual cash flow totals $11,429/yr on $152,159 invested. Return on cash invested prints 27.42% in year one, and rental yield reads 10.5% against a $459,000 entry. Equity gained on principal adds $2,962/yr, while 5% annual appreciation compiles into $126,813 by year five. Five-year ROI reaches 143.78% and total cumulative return in cash sums $218,771. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,018/mo property income covering a $2,247/mo payment, not borrower’s personal income.
Townhouse
Built in 1970
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12442, Hunter, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,196 (100%) |
| Owner Occupied HU | 314 (26.3%) |
| Renter Occupied HU | 122 (10.2%) |
| Vacant Housing Units | 760 (63.5%) |
| Median Home Value | $365,625 |
| Average Home Value | $436,003 |
Housing Distribution
Address Breakdown
Residential
111
Single Family
111
Multi-Family
0
Businesses
66
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