615 County Road 116CochectonNY12726
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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 Cochecton at 615 County Road 116, Cochecton, NY, 12726 generates $1,539/mo in rent and, after a $974/mo payment, leaves $210/mo in cash flow. Total monthly income is $1,539/mo, and annual cash flow is $2,521/yr on $65,969 invested. Return on cash invested sits at 23.73% in year one, and rental yield is 9.28% on a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 124.05% and total cumulative return in cash sums $81,834. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,539/mo property income rather than buyer’s personal income.
Single Family
Built in 2016
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12726, Cochecton, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 886 (100%) |
| Owner Occupied HU | 458 (51.7%) |
| Renter Occupied HU | 121 (13.7%) |
| Vacant Housing Units | 307 (34.7%) |
| Median Home Value | $374,790 |
| Average Home Value | $427,707 |
Housing Distribution
Address Breakdown
Residential
537
Single Family
537
Multi-Family
0
Businesses
31
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