83 Center Street StreetChathamNY12037
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 Chatham at 83 Center Street Street, Chatham, NY, 12037 generates $4,344/mo in rent and, after a $1,708/mo payment, leaves $2,014/mo in cash flow. Total monthly income is $4,344/mo, and annual cash flow is $24,163/yr on $115,694 invested. Return on cash invested sits at 40.79% in year one, and rental yield is 14.94% on a $349,000 entry. Equity gained on principal adds $2,252/yr, while 5% annual appreciation builds toward $96,422 over five years. Five-year ROI reaches 215.48% and total cumulative return in cash sums $249,300. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,344/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12037, Chatham, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,296 (100%) |
| Owner Occupied HU | 1,290 (56.2%) |
| Renter Occupied HU | 609 (26.5%) |
| Vacant Housing Units | 397 (17.3%) |
| Median Home Value | $375,646 |
| Average Home Value | $500,101 |
Housing Distribution
Address Breakdown
Residential
1,791
Single Family
1,571
Multi-Family
220
Businesses
264
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kathryn M Sutliff • Core Real Estate Team
Mls Name: Global MLS
Mls Provider:
Mls ID: #202422735
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