1037 Ledge Hill RoadWestportNY12993
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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 Westport at 1037 Ledge Hill Road, Westport, NY, 12993 earns $1,932/mo cash flow from $4,103/mo rent with a $1,591/mo payment. Total monthly income totals $4,103/mo, and annual cash flow totals $23,189/yr on $107,738 capital. ROI tracks 41.43% on current figures, and rental yield reads 15.15% at a $325,000 purchase. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,792 over five years. Five-year ROI reaches 218.92% and total cumulative return in cash sums $235,861. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,103/mo property income instead of your personal income.
Single Family
Built in 1984
5.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12993, Westport, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,235 (100%) |
| Owner Occupied HU | 622 (50.4%) |
| Renter Occupied HU | 168 (13.6%) |
| Vacant Housing Units | 445 (36.0%) |
| Median Home Value | $325,161 |
| Average Home Value | $350,004 |
Housing Distribution
Address Breakdown
Residential
573
Single Family
573
Multi-Family
0
Businesses
64
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Listed by: Casey King • Julie & Co Realty, LLC
Mls Name: Global MLS
Mls Provider:
Mls ID: #202519368
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Judy Moriarty, Zillow, Inc., Corp. Broker