11-13 Mountain Rd.RavenaNY12143
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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 Ravena at 11-13 Mountain Rd, Ravena, NY, 12143 priced at $269,000 converts $3,925/mo rent into $2,128/mo cash flow after a $1,317/mo obligation. Total monthly income equals $3,925/mo, and annual cash flow totals $25,539/yr on $89,174 invested. Return on cash invested prints 48.55% in year one, and rental yield reads 17.51% against a $269,000 entry. Equity gained on principal adds $1,736/yr, while 5% annual appreciation compiles into $74,320 by year five. Five-year ROI reaches 257.11% and total cumulative return in cash sums $229,271. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,925/mo property income covering a $1,317/mo payment, not borrower’s personal income.
Condo
Built in 1953
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12143, Ravena, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,458 (100%) |
| Owner Occupied HU | 1,428 (58.1%) |
| Renter Occupied HU | 794 (32.3%) |
| Vacant Housing Units | 236 ( 9.6%) |
| Median Home Value | $243,671 |
| Average Home Value | $294,622 |
Housing Distribution
Address Breakdown
Residential
2,190
Single Family
1,847
Multi-Family
343
Businesses
155
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Listed by: Sahara Outing • KW Platform
Mls Name: Global MLS
Mls Provider:
Mls ID: #202421968
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