1 Sussex Court UNIT 504SuffernNY10901
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 Suffern at 1 Sussex Court UNIT 504, Suffern, NY, 10901 priced at $127,500 converts $3,073/mo rent into $1,174/mo cash flow after a $624/mo obligation. Total monthly income equals $3,073/mo, and annual cash flow totals $14,084/yr on $42,266 invested. Return on cash invested prints 53.23% in year one, and rental yield reads 28.92% against a $127,500 entry. Equity gained on principal adds $823/yr, while 5% annual appreciation compiles into $35,226 by year five. Five-year ROI reaches 292.99% and total cumulative return in cash sums $123,838. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,073/mo property income covering a $624/mo payment, not borrower’s personal income.
Condo
Built in 1968
N/A lot
$N/A/sqft
$1,048 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10901, Suffern, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,701 (100%) |
| Owner Occupied HU | 6,227 (64.2%) |
| Renter Occupied HU | 2,862 (29.5%) |
| Vacant Housing Units | 612 ( 6.3%) |
| Median Home Value | $588,681 |
| Average Home Value | $658,904 |
Housing Distribution
Address Breakdown
Residential
9,407
Single Family
7,478
Multi-Family
1,929
Businesses
861
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Nearby investment properties with comparable prices
Listed by: Leigh Tripathi • Ellis Sotheby's Intl Realty
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #H6326899
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