10 Sloane CtStony PtNY10980
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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 Stony Pt at 10 Sloane Ct, Stony Pt, NY, 10980 generates $6,140/mo in rent and, after a $3,890/mo payment, leaves $833/mo in cash flow. Total monthly income is $6,140/mo, and annual cash flow is $9,991/yr on $261,489 invested. Return on cash invested sits at 23.88% in year one, and rental yield is 9.27% on a $794,800 entry. Equity gained on principal adds $5,129/yr, while 5% annual appreciation builds toward $219,589 over five years. Five-year ROI reaches 124.76% and total cumulative return in cash sums $326,227. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,140/mo property income rather than buyer’s personal income.
Single Family
Built in 1993
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10980, Stony Point, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,896 (100%) |
| Owner Occupied HU | 3,846 (78.6%) |
| Renter Occupied HU | 831 (17.0%) |
| Vacant Housing Units | 219 ( 4.5%) |
| Median Home Value | $581,579 |
| Average Home Value | $631,402 |
Housing Distribution
Address Breakdown
Residential
4,794
Single Family
4,712
Multi-Family
82
Businesses
299
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