78 Commonwealth AvenueMiddletownNY10940
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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 Middletown at 78 Commonwealth Avenue, Middletown, NY, 10940 offers $3,240/mo rent that, after a $2,731/mo payment. Total monthly income is $3,240/mo. Return on cash invested measures 16.88% in year one, and rental yield stands at 6.97% at a $558,000 entry. Equity gained on principal adds $3,601/yr while 5% annual appreciation compounds into $154,165 by year five. Five-year ROI records 87.22% and total cumulative return in cash reaches $160,117. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,240/mo property income versus a $2,731/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10940, Middletown, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,106 (100%) |
| Owner Occupied HU | 11,235 (50.8%) |
| Renter Occupied HU | 9,173 (41.5%) |
| Vacant Housing Units | 1,698 ( 7.7%) |
| Median Home Value | $373,304 |
| Average Home Value | $435,188 |
Housing Distribution
Address Breakdown
Residential
20,289
Single Family
18,069
Multi-Family
2,220
Businesses
1,629
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Listed by: Jonathon Z. Lee • Keller Williams Hudson Valley
Mls Name: OneKey MLS
Mls ID: #932713