Lot #9 Howells TurnpikeMiddletownNY10940
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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
Investment property for sale in Middletown at Lot #9 Howells Turnpike, Middletown, NY, 10940 at $649,900 posts ROI 35.09% with $2,678/mo cash flow from $7,018/mo rent. Total monthly income equals $7,018/mo, and annual cash flow records $32,136/yr on $213,817 to close. Return on cash invested measures 35.09% and rental yield reads 12.96% at the current $649,900. Equity gained on principal adds $4,194/yr, and 5% annual appreciation supports $179,555 by year five. Five-year ROI prints 184.88% and total cumulative return in cash totals $395,310.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $7,018/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10940, Middletown, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,106 (100%) |
| Owner Occupied HU | 11,235 (50.8%) |
| Renter Occupied HU | 9,173 (41.5%) |
| Vacant Housing Units | 1,698 ( 7.7%) |
| Median Home Value | $373,304 |
| Average Home Value | $435,188 |
Housing Distribution
Address Breakdown
Residential
20,289
Single Family
18,069
Multi-Family
2,220
Businesses
1,629
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Listed by: Christopher Ogden • Realty Promotions Inc
Mls Name: UCBR
Mls Provider:
Mls ID: #20243054
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.