10 Van Orden LnGreenwood LakeNY10925
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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 Greenwood Lake at 10 Van Orden Ln, Greenwood Lake, NY, 10925 priced at $1,599,000 converts $3,680/mo rent into after a $7,826/mo obligation. Total monthly income equals $3,680/mo. Return on cash invested prints 4.16% in year one, and rental yield reads 2.76% against a $1,599,000 entry. Equity gained on principal adds $10,318/yr, while 5% annual appreciation compiles into $441,774 by year five. Five-year ROI reaches 18.96% and total cumulative return in cash sums $98,209. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,680/mo property income covering a $7,826/mo payment, not borrower’s personal income.
Single Family
Built in 1999
99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10925, Greenwood Lake, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,479 (100%) |
| Owner Occupied HU | 1,514 (61.1%) |
| Renter Occupied HU | 477 (19.2%) |
| Vacant Housing Units | 488 (19.7%) |
| Median Home Value | $477,922 |
| Average Home Value | $586,567 |
Housing Distribution
Address Breakdown
Residential
1,778
Single Family
1,775
Multi-Family
3
Businesses
136
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Listed by: Mark Werner • Werner Realty
Mls Name: GSMLS
Mls ID: #4000921