6 Tice LaneMiddletownNY10941
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Nearby investment properties with comparable prices
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 Middletown at 6 Tice Lane, Middletown, NY, 10941 priced at $449,000 pairs $3,840/mo rent with $841/mo cash flow after a $2,198/mo payment. Total monthly income equals $3,840/mo, and annual cash flow comes to $10,095/yr on $148,844 invested. Return on cash invested is 26.69% in year one, and rental yield stands at 10.26% on a $449,000 basis. Equity gained on principal adds $2,897/yr, and 5% annual appreciation accumulates to $124,050 by year five. Five-year ROI measures 139.86% and total cumulative return in cash reaches $208,180. For financing, Ziffy Mortgage’s DSCR program evaluates $3,840/mo property income against a $2,198/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1986
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10941, Middletown, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,178 (100%) |
| Owner Occupied HU | 3,623 (58.6%) |
| Renter Occupied HU | 2,208 (35.7%) |
| Vacant Housing Units | 347 ( 5.6%) |
| Median Home Value | $378,745 |
| Average Home Value | $429,048 |
Housing Distribution
Address Breakdown
Residential
5,642
Single Family
5,030
Multi-Family
612
Businesses
625
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Listed by: John R Olivero • Keller Williams Realty
Mls Name: OneKey MLS
Mls ID: #906854