62 Watson Hollow RoadOliveNY12494
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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 Olive at 62 Watson Hollow Road, Olive, NY, 12494 uses $94,478 cash to close to unlock $1,497/yr annual cash flow and $125/mo monthly cash flow. Total monthly income runs $2,028/mo, and a $1,395/mo payment keeps the spread at $125/mo. Purchase price stands at $285,000, and rental yield measures 8.54% with $2,028/mo rent. Return on cash invested shows 21.49% in year one, and 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 111.97% and total cumulative return in cash records $105,786. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,028/mo property income covering a $1,395/mo payment rather than investor’s personal income.
Single Family
Built in 1930
1.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12494, West Shokan, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 486 (100%) |
| Owner Occupied HU | 283 (58.2%) |
| Renter Occupied HU | 54 (11.1%) |
| Vacant Housing Units | 149 (30.7%) |
| Median Home Value | $562,500 |
| Average Home Value | $680,521 |
Housing Distribution
Address Breakdown
Residential
305
Single Family
305
Multi-Family
0
Businesses
8
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