1 Rivercrest DriveRexfordNY12148
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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
Rental property for sale in Rexford at 1 Rivercrest Drive, Rexford, NY, 12148 generates $3,378/mo in rent and, after a $1,810/mo payment, leaves $908/mo in cash flow. Total monthly income is $3,378/mo, and annual cash flow is $10,900/yr on $122,622 invested. Return on cash invested sits at 28.8% in year one, and rental yield is 10.96% on a $369,900 entry. Equity gained on principal adds $2,387/yr, while 5% annual appreciation builds toward $102,197 over five years. Five-year ROI reaches 151.17% and total cumulative return in cash sums $185,362. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,378/mo property income rather than buyer’s personal income.
Single Family
Built in 1968
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12148, Rexford, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,989 (100%) |
| Owner Occupied HU | 1,501 (75.5%) |
| Renter Occupied HU | 392 (19.7%) |
| Vacant Housing Units | 96 ( 4.8%) |
| Median Home Value | $464,227 |
| Average Home Value | $507,816 |
Housing Distribution
Address Breakdown
Residential
2,043
Single Family
1,710
Multi-Family
333
Businesses
81
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