84 Josephs DriveSaugertiesNY12477
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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 Saugerties at 84 Josephs Drive, Saugerties, NY, 12477 offers $3,887/mo rent that, after a $2,594/mo payment, leaves $348/mo cash flow. Total monthly income is $3,887/mo, and annual cash flow is $4,176/yr on $174,337 cash. Return on cash invested measures 22.46% in year one, and rental yield stands at 8.8% at a $529,900 entry. Equity gained on principal adds $3,419/yr while 5% annual appreciation compounds into $146,402 by year five. Five-year ROI records 117.14% and total cumulative return in cash reaches $204,215. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,887/mo property income versus a $2,594/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12477, Saugerties, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,371 (100%) |
| Owner Occupied HU | 5,521 (58.9%) |
| Renter Occupied HU | 2,577 (27.5%) |
| Vacant Housing Units | 1,273 (13.6%) |
| Median Home Value | $404,275 |
| Average Home Value | $469,723 |
Housing Distribution
Address Breakdown
Residential
8,684
Single Family
8,360
Multi-Family
324
Businesses
607
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Listed by: Sean Zimmerman • Halter Associates Realty
Mls Name: HVCRMLS
Mls ID: #20255798