936 Potter Mountain RoadGilboaNY12076
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Gilboa at 936 Potter Mountain Road, Gilboa, NY, 12076 priced at $470,000 converts $3,684/mo rent into $546/mo cash flow after a $2,300/mo obligation. Total monthly income equals $3,684/mo, and annual cash flow totals $6,550/yr on $155,805 invested. Return on cash invested prints 24.11% in year one, and rental yield reads 9.41% against a $470,000 entry. Equity gained on principal adds $3,033/yr, while 5% annual appreciation compiles into $129,852 by year five. Five-year ROI reaches 126.02% and total cumulative return in cash sums $196,341. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,684/mo property income covering a $2,300/mo payment, not borrower’s personal income.
Single Family
Built in 2005
28.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12076, Gilboa, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,314 (100%) |
| Owner Occupied HU | 539 (41.0%) |
| Renter Occupied HU | 55 ( 4.2%) |
| Vacant Housing Units | 720 (54.8%) |
| Median Home Value | $243,952 |
| Average Home Value | $264,147 |
Housing Distribution
Address Breakdown
Residential
739
Single Family
739
Multi-Family
0
Businesses
29
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