70 Mill Dam RoadStone RidgeNY12484
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Stone Ridge at 70 Mill Dam Road, Stone Ridge, NY, 12484 at $520,000 posts ROI 34.56% with $2,067/mo cash flow from $5,539/mo rent. Total monthly income equals $5,539/mo, and annual cash flow records $24,800/yr on $171,080 to close. Return on cash invested measures 34.56% and rental yield reads 12.78% at the current $520,000. Equity gained on principal adds $3,355/yr, and 5% annual appreciation supports $143,666 by year five. Five-year ROI prints 182.01% and total cumulative return in cash totals $311,375.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,539/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1950
16.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12484, Stone Ridge, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,524 (100%) |
| Owner Occupied HU | 1,083 (71.1%) |
| Renter Occupied HU | 211 (13.8%) |
| Vacant Housing Units | 230 (15.1%) |
| Median Home Value | $505,471 |
| Average Home Value | $588,823 |
Housing Distribution
Address Breakdown
Residential
1,246
Single Family
1,246
Multi-Family
0
Businesses
145
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Nearby investment properties with comparable prices
Listed by: Ryan Basten • Berkshire Hathaway Homeservice
Mls Name: UCBR
Mls Provider:
Mls ID: #20242853
Disclaimer: IDX information 2024 by the Multiple Listing Service of Ulster County, Inc. All Rights Reserved. The data relating to real estate on this website comes in part from the IDX of the Multiple Listing Service of Ulster County, Inc. Information is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.