598 County Route 24East ChathamNY12060
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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 East Chatham at 598 County Route 24, East Chatham, NY, 12060 listed at $950,000 pairs $4,054/mo rent with a $4,650/mo payment. Total monthly income runs $4,054/mo. Return on cash invested measures 11.27% in year one, and rental yield registers 5.12% at a $950,000 basis. Equity gained on principal adds $6,130/yr, and annual property appreciation at 5% supports $262,467 by year five. Five-year ROI tracks 57.11% and total cumulative return in cash totals $178,502. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,054/mo property income relative to a $4,650/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1975
26.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12060, East Chatham, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 856 (100%) |
| Owner Occupied HU | 517 (60.4%) |
| Renter Occupied HU | 121 (14.1%) |
| Vacant Housing Units | 218 (25.5%) |
| Median Home Value | $408,252 |
| Average Home Value | $565,382 |
Housing Distribution
Address Breakdown
Residential
647
Single Family
647
Multi-Family
0
Businesses
35
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Listed by: Henry G. Hart • Corcoran Country Living - Hud
Mls Name: Columbia Greene Northern Dutchess MLS
Mls Provider:
Mls ID: #156443
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