647 Stonewall RdChathamNY12060
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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 Chatham at 647 Stonewall Rd, Chatham, NY, 12060 uses $236,551 cash to close to unlock $3,993/yr annual cash flow and $333/mo monthly cash flow. Total monthly income runs $5,134/mo, and a $3,519/mo payment keeps the spread at $333/mo. Purchase price stands at $719,000, and rental yield measures 8.57% with $5,134/mo rent. Return on cash invested shows 21.75% in year one, and 5% annual appreciation builds toward $198,646 over five years. Five-year ROI reaches 113.32% and total cumulative return in cash records $268,049. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,134/mo property income covering a $3,519/mo payment rather than investor’s personal income.
Single Family
Built in 1968
4.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12060, East Chatham, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 856 (100%) |
| Owner Occupied HU | 517 (60.4%) |
| Renter Occupied HU | 121 (14.1%) |
| Vacant Housing Units | 218 (25.5%) |
| Median Home Value | $408,252 |
| Average Home Value | $565,382 |
Housing Distribution
Address Breakdown
Residential
647
Single Family
647
Multi-Family
0
Businesses
35
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Listed by: Linnea A. VanTassel • Country Life Real Estate, LLC
Mls Name: Columbia Greene Northern Dutchess MLS
Mls Provider:
Mls ID: #155020
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