78 Lighthouse DriveSaugertiesNY12477
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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 Saugerties at 78 Lighthouse Drive, Saugerties, NY, 12477 offers a 5.93% rental yield on a $829,000 purchase with $4,100/mo rent. 74% in year one. Equity gained on principal adds $5,349/yr while 5% annual appreciation supports $229,037 over five years. Portfolio math shows five-year ROI at 70.38% and total cumulative return in cash at $191,956. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,100/mo property income against a $4,058/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1967
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12477, Saugerties, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,371 (100%) |
| Owner Occupied HU | 5,521 (58.9%) |
| Renter Occupied HU | 2,577 (27.5%) |
| Vacant Housing Units | 1,273 (13.6%) |
| Median Home Value | $404,275 |
| Average Home Value | $469,723 |
Housing Distribution
Address Breakdown
Residential
8,684
Single Family
8,360
Multi-Family
324
Businesses
607
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Listed by: Kristabelle McDermott • The Machree Group, LLC
Mls Name: HVCRMLS
Mls ID: #20253845