639 Bean River RdPine PlainsNY12567
Nearby investment properties with comparable rents
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 Pine Plains at 639 Bean River Rd, Pine Plains, NY, 12567 offers $4,120/mo rent that, after a $612/mo payment, leaves $3,285/mo cash flow. Total monthly income is $4,120/mo, and annual cash flow is $39,421/yr on $41,438 cash. Return on cash invested measures 115.04% in year one, and rental yield stands at 39.55% at a $125,000 entry. Equity gained on principal adds $807/yr while 5% annual appreciation compounds into $34,535 by year five. Five-year ROI records 613.75% and total cumulative return in cash reaches $254,321. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,120/mo property income versus a $612/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Lot
Built in N/A
2.87 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: John Peterson • THE TRUSS GROUP LLC
Mls Name: NY State MLS
Mls ID: #11257831