81 Ritter RoadStormvilleNY12582
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
Investment Highlights
Rental property for sale in Stormville at 81 Ritter Road, Stormville, NY, 12582 offers $2,760/mo rent that, after a $2,491/mo payment. Total monthly income is $2,760/mo. Return on cash invested measures 15.48% in year one, and rental yield stands at 6.51% at a $509,000 entry. Equity gained on principal adds $3,285/yr while 5% annual appreciation compounds into $140,627 by year five. Five-year ROI records 79.74% and total cumulative return in cash reaches $133,537. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,760/mo property income versus a $2,491/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
1.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12582, Stormville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,633 (100%) |
| Owner Occupied HU | 1,368 (83.8%) |
| Renter Occupied HU | 193 (11.8%) |
| Vacant Housing Units | 72 ( 4.4%) |
| Median Home Value | $502,037 |
| Average Home Value | $570,780 |
Housing Distribution
Address Breakdown
Residential
1,574
Single Family
1,574
Multi-Family
0
Businesses
91
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kathie Deyoung • BHHS Hudson Valley Properties
Mls Name: OneKey MLS
Mls ID: #920143