81 Otens RdWawarsingNY12428
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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 Wawarsing at 81 Otens Rd, Wawarsing, NY, 12428 uses $46,789 cash to close to unlock $23,800/yr annual cash flow and $1,983/mo monthly cash flow. Total monthly income runs $2,926/mo, and a $691/mo payment keeps the spread at $1,983/mo. Purchase price stands at $141,143, and rental yield measures 24.88% with $2,926/mo rent. Return on cash invested shows 70.77% in year one, and 5% annual appreciation builds toward $38,995 over five years. Five-year ROI reaches 376.31% and total cumulative return in cash records $176,073. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,926/mo property income covering a $691/mo payment rather than investor’s personal income.
Single Family
Built in 1996
2.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12428, Ellenville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,660 (100%) |
| Owner Occupied HU | 1,339 (36.6%) |
| Renter Occupied HU | 1,381 (37.7%) |
| Vacant Housing Units | 940 (25.7%) |
| Median Home Value | $253,611 |
| Average Home Value | $312,115 |
Housing Distribution
Address Breakdown
Residential
2,846
Single Family
2,520
Multi-Family
326
Businesses
322
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