69 Stone Mountain RdRound TopNY12473
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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 Round Top at 69 Stone Mountain Rd, Round Top, NY, 12473 priced at $347,200 converts $2,605/mo rent into $287/mo cash flow after a $1,699/mo obligation. Total monthly income equals $2,605/mo, and annual cash flow totals $3,442/yr on $115,097 invested. Return on cash invested prints 22.9% in year one, and rental yield reads 9% against a $347,200 entry. Equity gained on principal adds $2,240/yr, while 5% annual appreciation compiles into $95,925 by year five. Five-year ROI reaches 119.51% and total cumulative return in cash sums $137,555. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,605/mo property income covering a $1,699/mo payment, not borrower’s personal income.
Single Family
Built in 1987
2.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12473, Round Top, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 514 (100%) |
| Owner Occupied HU | 324 (63.0%) |
| Renter Occupied HU | 91 (17.7%) |
| Vacant Housing Units | 99 (19.3%) |
| Median Home Value | $301,010 |
| Average Home Value | $311,975 |
Housing Distribution
Address Breakdown
Residential
243
Single Family
243
Multi-Family
0
Businesses
41
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