103-105 Bates DriveMonseyNY10952
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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
Investment property for sale in Monsey at 103-105 Bates Drive, Monsey, NY, 10952 offers a 8.4% rental yield on a $650,000 purchase with $4,550/mo rent. Total monthly income registers $4,550/mo, and a $3,181/mo payment leaves $210/mo available for distribution. Annual cash flow reaches $2,518/yr on $213,850 to close, and return on cash invested stands at 21.24% in year one. Equity gained on principal adds $4,194/yr while 5% annual appreciation supports $179,583 over five years. Portfolio math shows five-year ROI at 110.57% and total cumulative return in cash at $236,462. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,550/mo property income against a $3,181/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1995
10,019 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10952, Monsey, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,120 (100%) |
| Owner Occupied HU | 4,798 (43.1%) |
| Renter Occupied HU | 5,656 (50.9%) |
| Vacant Housing Units | 666 ( 6.0%) |
| Median Home Value | $872,033 |
| Average Home Value | $943,259 |
Housing Distribution
Address Breakdown
Residential
10,473
Single Family
9,163
Multi-Family
1,310
Businesses
1,367
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