6899 Route 23aTannersvilleNY12485
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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 Tannersville at 6899 Route 23a, Tannersville, NY, 12485 uses $196,084 cash to close to unlock $3,734/yr annual cash flow and $311/mo monthly cash flow. Total monthly income runs $4,291/mo, and a $2,917/mo payment keeps the spread at $311/mo. Purchase price stands at $596,000, and rental yield measures 8.64% with $4,291/mo rent. Return on cash invested shows 21.96% in year one, and 5% annual appreciation builds toward $164,664 over five years. Five-year ROI reaches 114.5% and total cumulative return in cash records $224,512. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,291/mo property income covering a $2,917/mo payment rather than investor’s personal income.
Single Family
Built in 1993
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12485, Tannersville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 784 (100%) |
| Owner Occupied HU | 269 (34.3%) |
| Renter Occupied HU | 120 (15.3%) |
| Vacant Housing Units | 395 (50.4%) |
| Median Home Value | $376,316 |
| Average Home Value | $381,078 |
Housing Distribution
Address Breakdown
Residential
17
Single Family
17
Multi-Family
0
Businesses
101
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Listed by: Jolanta Jove • Dugo Realty
Mls Name: Columbia Greene Northern Dutchess MLS
Mls Provider:
Mls ID: #155254
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