9 Lighthouse 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
Investment property for sale in Saugerties at 9 Lighthouse Drive, Saugerties, NY, 12477 offers a 9.7% rental yield on a $415,000 purchase with $3,354/mo rent. Total monthly income registers $3,354/mo, and a $2,031/mo payment leaves $583/mo available for distribution. Annual cash flow reaches $6,995/yr on $137,573 to close, and return on cash invested stands at 24.99% in year one. Equity gained on principal adds $2,678/yr while 5% annual appreciation supports $114,657 over five years. Portfolio math shows five-year ROI at 130.74% and total cumulative return in cash at $179,865. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,354/mo property income against a $2,031/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
0.35 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: Tracy Rios • Mid Hudson Valley Realty Corp.
Mls Name: HVCRMLS
Mls ID: #20252714