CashFlowRE
Sign in Sign up
250 County Road 21
B+ Composite 78.59
Why this score? — see what drove the B+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +30.0/30.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • Appreciation +10.0/10.0
  • ARV discount +7.5/15.0
  • Schools +3.6/10.0
  • Rent growth +2.5/5.0
  • Livability +2.5/5.0
  • Condition / age +2.5/5.0

$139,000

250 County Road 21 · Barryville, NY 12719
3 bd · 1.0 ba · 1,272 sqft · Manufactured public records · 224 Days on market
Built 1972 0.70 ac lot ↓ 25% since listing

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Home Sweet Home can describe this comfortable manufactured home tucked away on 3/4 of an acre this home features a spacious living room, eat in kitchen with wood cabinets, laundry closet, 3 bedrooms and 2 bathrooms. A great location in between Yulan and Barryville NY close to area amenities including farmers markets, library, the Delaware river for recreation, grocery store, schools and so much more. Within 30 minutes to Bethel Woods for music, Resort World Catskills, area snow skiing and hiking trails as well as Port Jervis commuter trains. Only 2 hours NYC.

Key facts

  • Eat in kitchen
  • Great location
  • Laundry closet

Tags

SPACIOUS LIVING ROOMEAT IN KITCHENLAUNDRY CLOSETGREAT LOCATIONAREA AMENITIESDELAWARE RIVER

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/1.0-bath manufactured listed at $139k.

Deal economics

  • At list price, monthly cash flow is $1k ($13k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($3k rent vs $139k).
  • Recommended offer: $122k (12.0% below list) — sets the bar for market timing.
  • Cap rate 15.8% vs local median 2.3% in Barryville — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads: area grade B — affects rentability + tenant quality, not the cash-flow math above.
  • Eldred Central School District (rural): math 33% / reading 50% proficiency, ranked #495 of 590 in NY (top 84%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: 33 active listings in the ZIP; 739 units permitted in Sullivan County in 2024 (5 in 5+ unit buildings).

Forward outlook

  • In year one you build about $15k of equity ($961 loan paydown + $14k appreciation (10.0% local appreciation)).
  • Sullivan County population projected at -24% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
  • At projected returns (10.0% appreciation + 3.0% rent growth), your $39k cash investment doubles in ~2 years — after that, you're playing with house money.
  • By year 3, paydown + projected appreciation supports a ~$38k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • It's been on market 224 days — a 12% lower offer ($122k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts since 2y ago; this cycle's ask has dropped $20k (13%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Recommended offer $122,320 (12.0% below list)

Questions for the listing agent

  1. It's been on market 224 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Built in 1972 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
1.91%
Cap rate
15.79%
Cash-on-cash
33.93%
DSCR
2.51
GRM
4.4

CMA / ARV

No comps found within radius.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
50.3%
Equity multiple
4.75×
Total profit
$145,853
Equity at exit
$125,222
10-year hold
IRR
44.0%
Equity multiple
10.62×
Total profit
$374,511
Equity at exit
$270,046

Cash invested: $38,920 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
15 Strongly Tenant-Friendly
State New York
15 Strongly Tenant-Friendly · D+10
County
— inherits STATE
City
— inherits STATE
NYC rent stabilization (~1M units); 2019 HSTPA strengthened tenant rights; courts deeply backlogged.

ZIP-level market 12719

Home prices YoY
23.8%
Active inventory
33
Price-to-rent
4.4×

Monthly cashflow live

Estimated rent
$2,648 medium interval (Pro) →
Mortgage (P&I)
$729
Tax from tax record
$205 /mo · $2,457/yr
Insurance
$58
HOA
$0
Vacancy / Maint / Mgmt
$556
Net cashflow
$1,100

Break-even live

Break-even rent $1,255
Max offer price $139,000
Occupancy floor 53%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$34,750
Closing costs
$4,170
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Listing history 22 events

  1. 2026-06-18
    days on market $139,000 Active 224 DOM
  2. 2026-06-17
    days on market $139,000 Active 223 DOM
  3. 2026-06-16
    days on market $139,000 Active 222 DOM
  4. 2026-06-15
    days on market $139,000 Active 221 DOM
  5. 2026-06-13
    days on market $139,000 Active 219 DOM
  6. 2026-06-12
    days on market $139,000 Active 218 DOM
  7. 2026-06-09
    days on market $139,000 Active 215 DOM
  8. 2026-06-08
    days on market $139,000 Active 214 DOM
  9. 2026-06-07
    days on market $139,000 Active 213 DOM
  10. 2026-06-07
    days on market $139,000 Active 212 DOM
  11. 2026-06-04
    days on market $139,000 Active 209 DOM
  12. 2026-06-02
    days on market $139,000 Active 208 DOM
  13. 2026-06-01
    days on market $139,000 Active 207 DOM
  14. 2026-05-31
    days on market $139,000 Active 206 DOM
  15. 2026-04-10
    price $139,000 567-char remark
    Show marketing remark (567 chars)

    Home Sweet Home can describe this comfortable manufactured home tucked away on 3/4 of an acre this home features a spacious living room, eat in kitchen with wood cabinets, laundry closet, 3 bedrooms and 2 bathrooms. A great location in between Yulan and Barryville NY close to area amenities including farmers markets, library, the Delaware river for recreation, grocery store, schools and so much more. Within 30 minutes to Bethel Woods for music, Resort World Catskills, area snow skiing and hiking trails as well as Port Jervis commuter trains. Only 2 hours NYC.

  16. 2026-01-17
    price $149,000 567-char remark
    Show marketing remark (567 chars)

    Home Sweet Home can describe this comfortable manufactured home tucked away on 3/4 of an acre this home features a spacious living room, eat in kitchen with wood cabinets, laundry closet, 3 bedrooms and 2 bathrooms. A great location in between Yulan and Barryville NY close to area amenities including farmers markets, library, the Delaware river for recreation, grocery store, schools and so much more. Within 30 minutes to Bethel Woods for music, Resort World Catskills, area snow skiing and hiking trails as well as Port Jervis commuter trains. Only 2 hours NYC.

  17. 2025-11-01
    listed $159,000 Active 567-char remark
    Show marketing remark (567 chars)

    Home Sweet Home can describe this comfortable manufactured home tucked away on 3/4 of an acre this home features a spacious living room, eat in kitchen with wood cabinets, laundry closet, 3 bedrooms and 2 bathrooms. A great location in between Yulan and Barryville NY close to area amenities including farmers markets, library, the Delaware river for recreation, grocery store, schools and so much more. Within 30 minutes to Bethel Woods for music, Resort World Catskills, area snow skiing and hiking trails as well as Port Jervis commuter trains. Only 2 hours NYC.

  18. 2025-08-05
    historical
  19. 2025-02-10
    price $174,000
  20. 2025-02-10
    status Active
  21. 2025-02-02
    historical
  22. 2024-08-04
    listed $185,000 Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast NY · Partial reset (capped growth)

Current annual tax
$2,457 · $205/mo
Projected year-2 tax
$2,457 · $205/mo
Expected delta
$0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 2/10 Low
  • 🌡 Heat 2/10 Low 7 d/yr ≥93°F today · 15 d/yr by 30 yrs out
  • 💨 Wind 2/10 Low 4% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$31,779
− Mortgage interest
−$7,786
− Property taxes
−$2,457
− Insurance
−$695
− Repairs & maintenance
−$2,542
− Management
−$2,542
− Depreciation
−$4,044
Taxable income
$11,712
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$2,811
After-tax cash flow
$10,395/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Eldred Central School District
NCES district ID
3610410
Math proficiency
33% ▼ -15.00%
Reading proficiency
50% ▲ 11.00%
Median HH income
$52,775
Composite
35.94/100
National rank
#4800
State rank
#495 of 590 in NY

Livability — Barryville

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

Population (ZIP)
892

Population outlook (Sullivan County) Hauer SSP2

Today (2025)
68,974 people
By 2030
65,609 · -4.9%
By 2040
58,878 · -14.6%
By 2050
52,500 · -23.9%
By 2075
39,941 · -42.1%
By 2100
28,880 · -58.1%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (87%)
Race & ethnicity
White 87% Hispanic / Latino 9% Two or more races 8%
Hispanic origin (detail)
Puerto Rican 4%
Common ancestry
Italian 1% Slovak 1% Scotch-Irish 1%
Foreign-born
11% · Canada, South Korea, China
Languages at home
94% English-only · Spanish 3% German/W. Germanic 1% Russian/Polish/Slavic 1%

Political lean MEDSL · Sullivan

2024 margin
R (+16.7) · D 41.6% · R 58.4%
2008→2024 swing
-26.2pp toward R · 2008: 9.5pp · 2024: -16.7pp
All cycles
2024: R+16.7 2020: R+9.2 2016: R+13.7 2012: D+10.4 2008: D+9.5

Not yet ingested

Civics

Market trends

HPI YoY
▲ 77.83%
Current HPI
405.292
Rent YoY
Metro
State GDP YoY
▲ 2.60%
F500 in state
92

Industry mix (Fortune 500 HQ in NY)

Industry F500 HQs Revenue

Price history

-24.9% since first listed
8 events — show timeline
  • 2026-04-10 Price Changed $139,000 OneKey® MLS as Distributed by MLS Grid
  • 2026-01-17 Price Changed $149,000 OneKey® MLS as Distributed by MLS Grid
  • 2025-11-01 Listed $159,000 OneKey® MLS as Distributed by MLS Grid
  • 2025-08-05 Listing Removed OneKey® MLS as Distributed by MLS Grid
  • 2025-02-10 Price Changed $174,000 OneKey® MLS as Distributed by MLS Grid
  • 2025-02-10 Relisted OneKey® MLS as Distributed by MLS Grid
  • 2025-02-02 Listing Removed OneKey® MLS as Distributed by MLS Grid
  • 2024-08-04 Listed $185,000 OneKey® MLS as Distributed by MLS Grid

Property tax history

+0.1%/yr

Latest (2025): $2,457 · +1.8% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…