617 Bean River RoadPine PlainsNY12567
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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 Pine Plains at 617 Bean River Road, Pine Plains, NY, 12567 offers $3,600/mo rent that, after a $7,709/mo payment. Total monthly income is $3,600/mo. Return on cash invested measures 4.1% in year one, and rental yield stands at 2.74% at a $1,575,000 entry. Equity gained on principal adds $10,163/yr while 5% annual appreciation compounds into $435,143 by year five. Five-year ROI records 18.64% and total cumulative return in cash reaches $95,114. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,600/mo property income versus a $7,709/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1985
19.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12567, Pine Plains, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,525 (100%) |
| Owner Occupied HU | 938 (61.5%) |
| Renter Occupied HU | 293 (19.2%) |
| Vacant Housing Units | 294 (19.3%) |
| Median Home Value | $421,805 |
| Average Home Value | $554,861 |
Housing Distribution
Address Breakdown
Residential
1,114
Single Family
1,114
Multi-Family
0
Businesses
115
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Listed by: THE LEGACY TEAM AT WILLIAM PITT SOTHEBY'S INTERNATIONAL REALTY • William Pitt Sotheby's Int'l
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24066923
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.