9 Morton PlaceAmeniaNY12501
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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 Amenia at 9 Morton Place, Amenia, NY, 12501 listed at $179,900 pairs $1,403/mo rent with a $881/mo payment to leave $201/mo cash flow. Total monthly income runs $1,403/mo, and annual cash flow reaches $2,414/yr on $59,637 cash to close. Return on cash invested measures 23.96% in year one, and rental yield registers 9.36% at a $179,900 basis. Equity gained on principal adds $1,161/yr, and annual property appreciation at 5% supports $49,703 by year five. Five-year ROI tracks 125.27% and total cumulative return in cash totals $74,709. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,403/mo property income relative to a $881/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12501, Amenia, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,295 (100%) |
| Owner Occupied HU | 666 (51.4%) |
| Renter Occupied HU | 344 (26.6%) |
| Vacant Housing Units | 285 (22.0%) |
| Median Home Value | $531,746 |
| Average Home Value | $681,757 |
Housing Distribution
Address Breakdown
Residential
774
Single Family
774
Multi-Family
0
Businesses
101
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