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Price: $300K - 500K
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Home Type: Single Family
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$229,000  
1 bds • 1 ba • 624 sqft
24 Highlands Drive #J8, Hunter, NY, 12442
8.1%
Gross Yield
20.0%
ROI
$1,544 /m
Est. Rent
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NMLS #2625701
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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
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Investment Highlights

Investment property for sale in Hunter at 24 Highlands Drive #J8, Hunter, NY, 12442 with 5% annual appreciation on a $229,000 basis while $1,544/mo rent supports operations. Total monthly income totals $1,544/mo and a $1,121/mo payment preserves $15/mo for cash returns. Annual cash flow comes to $175/yr on $75,914 deployed, and return on cash invested reaches 20.14% in year one. Equity gained on principal adds $1,478/yr, and five-year appreciation sums $63,268 alongside rental yield of 8.09%. Five-year ROI measures 104.75% and total cumulative return in cash totals $79,517.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,544/mo property income versus a $1,121/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Condo

Built in 1973

871.20 sqft lot

$N/A/sqft

No HOA

More details about the property

Beautifully renovated one bedroom condo right on the slopes of Hunter Mountain. Steps to the slopes for the winter enthusiast. Clean modern kitchen with new cabinets and new counter tops. There is new lighting and new flooring throughout. Freshly painted and move in ready. Living room, kitchen, bedroom, bathroom and in unit laundry room. Lovely park-like setting in a private location. Low taxes and low HOA. Four season activities. This is perfect for year round living or a vacation escape in the Catskills. Condo has a B-dry system around the perimeter to prevent moisture. Rental friendly for one month or longer.

Neighborhood Data

Neighborhood data shown for ZIP Code: 12442, Hunter, NY area.

Housing Distribution

Housing Statistics

CategoryValue
Total HU (Housing Units)1,196 (100%)
Owner Occupied HU314 (26.3%)
Renter Occupied HU122 (10.2%)
Vacant Housing Units760 (63.5%)
Median Home Value$365,625
Average Home Value$436,003

Address Breakdown

Residential

111

Single Family

111

Multi-Family

0

Businesses

66

Price History

Date

Event

Price

No price history data available

Tax History

Date

Tax Paid

Tax Increase Rate

Value

Value Increase Rate

No tax history data available
MLO
MLO
MLO
Powered by
Ziffy Mortgage
NMLS #2625701
Get Pre-Approved

Facts & Features

General Information

  • Type: Condo
  • Year Built: 1973
  • Architectural Style: N/A
  • Building Area: N/A
  • Living Area: N/A
  • Property Condition: N/A

Features & Amenities

  • Heating: N/A
  • Cooling: N/A
  • Flooring: N/A
  • Interior Features: N/A
  • Exterior Features: N/A
  • Parking Features: Off Street

Location

  • City: N/A
  • Subdivision: N/A
  • Lot Size: 871.20 sqft
  • Lot Features: N/A
  • View: N/A

HOA & Fees

  • HOA Fee: N/A
  • Association Fee: N/A
  • Fees & Dues: N/A
  • Association Amenities: N/A
  • Association Fee Includes: N/A

Utilities

  • Utilities: N/A
  • Sewer: N/A
  • Water Source: N/A
  • Road Surface Type: N/A

School Information

  • Elementary School: N/A
  • Middle School: N/A
  • High School: N/A

Listed by: Alexa Kwiatkowski • Greene Acres Real Estate & Man 

Mls Name: HVCRMLS

Mls ID: #20255553

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