954 Rt 23 Lumberland Mt Hope RoadNarrowsburgNY12764
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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 Narrowsburg at 954 Rt 23 Lumberland Mt Hope Road, Narrowsburg, NY, 12764 offers a 6.73% rental yield on a $289,000 purchase with $1,620/mo rent. 02% in year one. Equity gained on principal adds $1,865/yr while 5% annual appreciation supports $79,845 over five years. Portfolio math shows five-year ROI at 82.65% and total cumulative return in cash at $79,178. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,620/mo property income against a $1,415/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1941
3.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12764, Narrowsburg, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,556 (100%) |
| Owner Occupied HU | 701 (45.1%) |
| Renter Occupied HU | 156 (10.0%) |
| Vacant Housing Units | 699 (44.9%) |
| Median Home Value | $346,765 |
| Average Home Value | $435,934 |
Housing Distribution
Address Breakdown
Residential
948
Single Family
948
Multi-Family
0
Businesses
100
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Listed by: Gabor J. Dezso • Century 21 Geba Realty
Mls Name: OneKey MLS
Mls ID: #889874