7402 Chelsea Cove NHopewell JunctionNY12533
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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 Hopewell Junction at 7402 Chelsea Cove N, Hopewell Junction, NY, 12533 priced at $340,000 converts $3,000/mo rent into $330/mo cash flow after a $1,664/mo obligation. Total monthly income equals $3,000/mo, and annual cash flow totals $3,956/yr on $112,710 invested. Return on cash invested prints 23.42% in year one, and rental yield reads 10.59% against a $340,000 entry. Equity gained on principal adds $2,194/yr, while 5% annual appreciation compiles into $93,936 by year five. Five-year ROI reaches 123.86% and total cumulative return in cash sums $139,602. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,000/mo property income covering a $1,664/mo payment, not borrower’s personal income.
Townhouse
Built in 1988
436 sqft lot
$N/A/sqft
$400 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12533, Hopewell Junction, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,042 (100%) |
| Owner Occupied HU | 8,082 (80.5%) |
| Renter Occupied HU | 1,096 (10.9%) |
| Vacant Housing Units | 864 ( 8.6%) |
| Median Home Value | $527,672 |
| Average Home Value | $555,635 |
Housing Distribution
Address Breakdown
Residential
9,370
Single Family
9,370
Multi-Family
0
Businesses
703
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Nearby investment properties with comparable prices
Listed by: Mario Guirguis • Charles Rutenberg Realty Inc
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #805732
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