797 Western RoadCastletonNY12033
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 4.69% gross rental yield, 797 Western Road, Castleton, NY, 12033 in Castleton is priced for capital growth, not immediate cash flow. The $1,239,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $342,313 by year five, with $11,411/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.87) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $251,959.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 4.7% | 6.2% |
| Monthly Cash Flow | $(3,427) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $4,847 |
| Total Monthly Debt Service | $7,781 |
| DSCR Ratio | 0.62x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1829
64.57 Acres lot
$N/A/sqft
No HOA
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
Single Family
Built in 1829
64.57 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Aubrey D Guri • Howard Hanna Capital Inc
Mls Name: Global MLS
Mls Provider:
Mls ID: #202612988
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Judy Moriarty, Zillow, Inc., Corp. Broker