8241 State Route 97CochectonNY12726
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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
Rental property for sale in Cochecton at 8241 State Route 97, Cochecton, NY, 12726 generates $2,116/mo in rent and, after a $1,206/mo payment, leaves $471/mo in cash flow. Total monthly income is $2,116/mo, and annual cash flow is $5,649/yr on $81,648 invested. Return on cash invested sits at 26.83% in year one, and rental yield is 10.31% on a $246,300 entry. Equity gained on principal adds $1,589/yr, while 5% annual appreciation builds toward $68,048 over five years. Five-year ROI reaches 140.59% and total cumulative return in cash sums $114,792. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,116/mo property income rather than buyer’s personal income.
Single Family
Built in 1967
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12726, Cochecton, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 886 (100%) |
| Owner Occupied HU | 458 (51.7%) |
| Renter Occupied HU | 121 (13.7%) |
| Vacant Housing Units | 307 (34.7%) |
| Median Home Value | $374,790 |
| Average Home Value | $427,707 |
Housing Distribution
Address Breakdown
Residential
537
Single Family
537
Multi-Family
0
Businesses
31
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