72 Greenway TerraceMiddletownNY10941
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
Rental property for sale in Middletown at 72 Greenway Terrace, Middletown, NY, 10941 generates $1,654/mo in rent and, after a $1,158/mo payment, leaves $74/mo in cash flow. Total monthly income is $1,654/mo, and annual cash flow is $891/yr on $78,400 invested. Return on cash invested sits at 21.05% in year one, and rental yield is 8.39% on a $236,500 entry. Equity gained on principal adds $1,526/yr, while 5% annual appreciation builds toward $65,341 over five years. Five-year ROI reaches 109.63% and total cumulative return in cash sums $85,951. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,654/mo property income rather than buyer’s personal income.
Condo
Built in 1971
2,398 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10941, Middletown, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,178 (100%) |
| Owner Occupied HU | 3,623 (58.6%) |
| Renter Occupied HU | 2,208 (35.7%) |
| Vacant Housing Units | 347 ( 5.6%) |
| Median Home Value | $378,745 |
| Average Home Value | $429,048 |
Housing Distribution
Address Breakdown
Residential
5,642
Single Family
5,030
Multi-Family
612
Businesses
625
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Listed by: Maryann A Tercasio • Howard Hanna Rand Realty
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #899169
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