69 Irondale RoadPhoeniciaNY12464
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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 Phoenicia at 69 Irondale Road, Phoenicia, NY, 12464 offers $4,288/mo rent that, after a $4,155/mo payment. Total monthly income is $4,288/mo. Return on cash invested measures 14.13% in year one, and rental yield stands at 6.06% at a $849,000 entry. Equity gained on principal adds $5,478/yr while 5% annual appreciation compounds into $234,563 by year five. Five-year ROI records 72.44% and total cumulative return in cash reaches $202,340. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,288/mo property income versus a $4,155/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
3.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12464, Phoenicia, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 926 (100%) |
| Owner Occupied HU | 375 (40.5%) |
| Renter Occupied HU | 155 (16.7%) |
| Vacant Housing Units | 396 (42.8%) |
| Median Home Value | $454,348 |
| Average Home Value | $515,873 |
Housing Distribution
Address Breakdown
Residential
309
Single Family
286
Multi-Family
23
Businesses
67
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