Lot 1 Emerson TerracePhoeniciaNY12464
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 Phoenicia at Lot 1 Emerson Terrace, Phoenicia, NY, 12464 priced at $129,500 pairs $3,600/mo rent with $2,735/mo cash flow after a $634/mo payment. Total monthly income equals $3,600/mo, and annual cash flow comes to $32,821/yr on $42,929 invested. Return on cash invested is 96.36% in year one, and rental yield stands at 33.36% on a $129,500 basis. Equity gained on principal adds $836/yr, and 5% annual appreciation accumulates to $35,778 by year five. Five-year ROI measures 513.56% and total cumulative return in cash reaches $220,466. For financing, Ziffy Mortgage’s DSCR program evaluates $3,600/mo property income against a $634/mo payment instead of your W2s, 1099s, or Tax returns.
Lot
Built in N/A
5.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12464, Phoenicia, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 926 (100%) |
| Owner Occupied HU | 375 (40.5%) |
| Renter Occupied HU | 155 (16.7%) |
| Vacant Housing Units | 396 (42.8%) |
| Median Home Value | $454,348 |
| Average Home Value | $515,873 |
Housing Distribution
Address Breakdown
Residential
309
Single Family
286
Multi-Family
23
Businesses
67
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Danielle Marchisella • The Kinderhook Group, Inc.
Mls Name: UCBR
Mls Provider:
Mls ID: #20240665
Disclaimer: IDX information 2024 by the Multiple Listing Service of Ulster County, Inc. All Rights Reserved. The data relating to real estate on this website comes in part from the IDX of the Multiple Listing Service of Ulster County, Inc. Information is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.