59 Sycamore DriveMiddletownNY10940
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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 Middletown at 59 Sycamore Drive, Middletown, NY, 10940 with 5% annual appreciation on a $185,000 basis while $2,268/mo rent supports operations. Total monthly income totals $2,268/mo and a $905/mo payment preserves $1,033/mo for cash returns. Annual cash flow comes to $12,397/yr on $61,328 deployed, and return on cash invested reaches 40.12% in year one. Equity gained on principal adds $1,194/yr, and five-year appreciation sums $51,112 alongside rental yield of 14.71%. Five-year ROI measures 211.97% and total cumulative return in cash totals $129,999.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,268/mo property income versus a $905/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1976
436 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10940, Middletown, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,106 (100%) |
| Owner Occupied HU | 11,235 (50.8%) |
| Renter Occupied HU | 9,173 (41.5%) |
| Vacant Housing Units | 1,698 ( 7.7%) |
| Median Home Value | $373,304 |
| Average Home Value | $435,188 |
Housing Distribution
Address Breakdown
Residential
20,289
Single Family
18,069
Multi-Family
2,220
Businesses
1,629
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Listed by: Alexander Panet • Real Broker NY LLC
Mls Name: OneKey MLS
Mls ID: #939548