103 Gedney Street #5KNyackNY10960
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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 Nyack at 103 Gedney Street #5K, Nyack, NY, 10960 at $399,000 posts ROI 29.03% with $1,005/mo cash flow from $3,670/mo rent. Total monthly income equals $3,670/mo, and annual cash flow records $12,065/yr on $132,269 to close. Return on cash invested measures 29.03% and rental yield reads 11.04% at the current $399,000. Equity gained on principal adds $2,575/yr, and 5% annual appreciation supports $110,236 by year five. Five-year ROI prints 152.4% and total cumulative return in cash totals $201,578.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,670/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1963
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10960, Nyack, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,008 (100%) |
| Owner Occupied HU | 3,178 (45.3%) |
| Renter Occupied HU | 3,277 (46.8%) |
| Vacant Housing Units | 553 ( 7.9%) |
| Median Home Value | $784,011 |
| Average Home Value | $864,261 |
Housing Distribution
Address Breakdown
Residential
6,394
Single Family
4,786
Multi-Family
1,608
Businesses
825
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