69 Summit Street, Philmont, NY, 12565 | 6.16% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Philmont at 69 Summit Street, Philmont, NY, 12565 earns from $3,594/mo rent with a $3,426/mo payment. Total monthly income totals $3,594/mo. ROI tracks 14.43% on current figures, and rental yield reads 6.16% at a $700,000 purchase. Equity gained on principal adds $4,517/yr, and 5% annual appreciation supports $193,397 over five years. Five-year ROI reaches 74.08% and total cumulative return in cash sums $170,608. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,594/mo property income instead of your personal income.

Single Family

Built in 1883

2.50 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 12565, Philmont, NY area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	495 (100%)
Owner Occupied HU	211 (42.6%)
Renter Occupied HU	201 (40.6%)
Vacant Housing Units	83 (16.8%)
Median Home Value	$223,611
Average Home Value	$345,557