83 Thomas RdLeedsNY12451
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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 Leeds at 83 Thomas Rd, Leeds, NY, 12451 offers a 10.71% rental yield on a $585,000 purchase with $5,219/mo rent. Total monthly income registers $5,219/mo, and a $2,863/mo payment leaves $1,313/mo available for distribution. Annual cash flow reaches $15,753/yr on $192,465 to close, and return on cash invested stands at 28.25% in year one. Equity gained on principal adds $3,775/yr while 5% annual appreciation supports $161,625 over five years. Portfolio math shows five-year ROI at 148.16% and total cumulative return in cash at $285,150. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,219/mo property income against a $2,863/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
5.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12451, Leeds, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 888 (100%) |
| Owner Occupied HU | 577 (65.0%) |
| Renter Occupied HU | 172 (19.4%) |
| Vacant Housing Units | 139 (15.7%) |
| Median Home Value | $294,469 |
| Average Home Value | $364,970 |
Housing Distribution
Address Breakdown
Residential
550
Single Family
550
Multi-Family
0
Businesses
78
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Listed by: Natasha A. Witka • Century 21 New West
Mls Name: Columbia Greene Northern Dutchess MLS
Mls Provider:
Mls ID: #154776
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