60 Phillips RoadSaugertiesNY12477
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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 Saugerties at 60 Phillips Road, Saugerties, NY, 12477 generates $3,840/mo in rent, after a $4,527/mo payment. Total monthly income is $3,840/mo. Return on cash invested sits at 10.85% in year one, and rental yield is 4.98% on a $925,000 entry. Equity gained on principal adds $5,969/yr, while 5% annual appreciation builds toward $255,560 over five years. Five-year ROI reaches 54.86% and total cumulative return in cash sums $166,945. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,840/mo property income rather than buyer’s personal income.
Single Family
Built in 1972
7 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12477, Saugerties, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,371 (100%) |
| Owner Occupied HU | 5,521 (58.9%) |
| Renter Occupied HU | 2,577 (27.5%) |
| Vacant Housing Units | 1,273 (13.6%) |
| Median Home Value | $404,275 |
| Average Home Value | $469,723 |
Housing Distribution
Address Breakdown
Residential
8,684
Single Family
8,360
Multi-Family
324
Businesses
607
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Listed by: Lori Mendelis • Compass Greater NY, LLC
Mls Name: HVCRMLS
Mls ID: #20255192