7 Skyline DriveSaugertiesNY12477
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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 Saugerties at 7 Skyline Drive, Saugerties, NY, 12477 uses $99,119 cash to close to unlock $10,077/yr annual cash flow and $840/mo monthly cash flow. Total monthly income runs $2,836/mo, and a $1,463/mo payment keeps the spread at $840/mo. Purchase price stands at $299,000, and rental yield measures 11.38% with $2,836/mo rent. Return on cash invested shows 30.08% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 157.99% and total cumulative return in cash records $156,598. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,836/mo property income covering a $1,463/mo payment rather than investor’s personal income.
Townhouse
Built in 1984
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12477, Saugerties, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,371 (100%) |
| Owner Occupied HU | 5,521 (58.9%) |
| Renter Occupied HU | 2,577 (27.5%) |
| Vacant Housing Units | 1,273 (13.6%) |
| Median Home Value | $404,275 |
| Average Home Value | $469,723 |
Housing Distribution
Address Breakdown
Residential
8,684
Single Family
8,360
Multi-Family
324
Businesses
607
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Listed by: Thomasine Helsmoortel • Helsmoortel Realty Inc.
Mls Name: HVCRMLS
Mls ID: #20254292