107 Ridge RoadWesttownNY10998
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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 Westtown at 107 Ridge Road, Westtown, NY, 10998 offers $2,280/mo rent that, after a $2,863/mo payment. Total monthly income is $2,280/mo. Return on cash invested measures 9.92% in year one, and rental yield stands at 4.68% at a $585,000 entry. Equity gained on principal adds $3,775/yr while 5% annual appreciation compounds into $161,625 by year five. Five-year ROI records 49.89% and total cumulative return in cash reaches $96,018. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,280/mo property income versus a $2,863/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
4.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10998, Westtown, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,340 (100%) |
| Owner Occupied HU | 1,078 (80.4%) |
| Renter Occupied HU | 204 (15.2%) |
| Vacant Housing Units | 58 ( 4.3%) |
| Median Home Value | $457,768 |
| Average Home Value | $475,436 |
Housing Distribution
Address Breakdown
Residential
1,169
Single Family
1,169
Multi-Family
0
Businesses
53
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