89 Cold Spring RoadMonticelloNY12701
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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 Monticello at 89 Cold Spring Road, Monticello, NY, 12701 offers $1,816/mo rent that, after a $1,273/mo payment, leaves $79/mo cash flow. Total monthly income is $1,816/mo, and annual cash flow is $952/yr on $86,190 cash. Return on cash invested measures 21.01% in year one, and rental yield stands at 8.38% at a $259,999 entry. Equity gained on principal adds $1,678/yr while 5% annual appreciation compounds into $71,833 by year five. Five-year ROI records 109.44% and total cumulative return in cash reaches $94,325. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,816/mo property income versus a $1,273/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12701, Monticello, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,397 (100%) |
| Owner Occupied HU | 2,153 (25.6%) |
| Renter Occupied HU | 3,221 (38.4%) |
| Vacant Housing Units | 3,023 (36.0%) |
| Median Home Value | $262,260 |
| Average Home Value | $318,832 |
Housing Distribution
Address Breakdown
Residential
5,858
Single Family
4,786
Multi-Family
1,072
Businesses
707
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Listed by: Eidel Moses • Rodeo Realty Inc
Mls Name: OneKey MLS
Mls ID: #837895