11 The RiseWarwickNY10990
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Nearby investment properties with comparable prices
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 Warwick at 11 The Rise, Warwick, NY, 10990 offers a 9.55% rental yield on a $294,000 purchase with $2,340/mo rent. Total monthly income registers $2,340/mo, and a $1,439/mo payment leaves $32/mo available for distribution. Annual cash flow reaches $380/yr on $97,461 to close, and return on cash invested stands at 20.3% in year one. Equity gained on principal adds $1,897/yr while 5% annual appreciation supports $81,227 over five years. Portfolio math shows five-year ROI at 107.12% and total cumulative return in cash at $104,400. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,340/mo property income against a $1,439/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1984
436 sqft lot
$N/A/sqft
$345 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10990, Warwick, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,263 (100%) |
| Owner Occupied HU | 6,045 (73.2%) |
| Renter Occupied HU | 1,736 (21.0%) |
| Vacant Housing Units | 482 ( 5.8%) |
| Median Home Value | $563,507 |
| Average Home Value | $600,242 |
Housing Distribution
Address Breakdown
Residential
7,919
Single Family
7,519
Multi-Family
400
Businesses
681
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Listed by: Catherine S White • Raynor Country
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #H6318651
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