78 Elka Park RdElka ParkNY12427
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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 Elka Park at 78 Elka Park Rd, Elka Park, NY, 12427 with 5% annual appreciation on a $495,000 basis while $5,066/mo rent supports operations. Total monthly income totals $5,066/mo and a $2,423/mo payment preserves $1,760/mo for cash returns. Annual cash flow comes to $21,123/yr on $164,093 deployed, and return on cash invested reaches 32.78% in year one. Equity gained on principal adds $3,194/yr, and five-year appreciation sums $136,759 alongside rental yield of 12.28%. Five-year ROI measures 172.53% and total cumulative return in cash totals $283,102.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,066/mo property income versus a $2,423/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1960
5.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12427, Elka Park, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 474 (100%) |
| Owner Occupied HU | 147 (31.0%) |
| Renter Occupied HU | 69 (14.6%) |
| Vacant Housing Units | 258 (54.4%) |
| Median Home Value | $280,833 |
| Average Home Value | $368,333 |
Housing Distribution
Address Breakdown
Residential
85
Single Family
85
Multi-Family
0
Businesses
10
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Listed by: Philippe Uhrik • Win Morrison Realty - Catskill
Mls Name: Columbia Greene Northern Dutchess MLS
Mls Provider:
Mls ID: #153813
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