123 Newport Bridge RoadWarwickNY10990
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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 Warwick at 123 Newport Bridge Road, Warwick, NY, 10990 priced at $388,900 converts $3,060/mo rent into $463/mo cash flow after a $1,903/mo obligation. Total monthly income equals $3,060/mo, and annual cash flow totals $5,562/yr on $128,920 invested. Return on cash invested prints 24.22% in year one, and rental yield reads 9.44% against a $388,900 entry. Equity gained on principal adds $2,510/yr, while 5% annual appreciation compiles into $107,446 by year five. Five-year ROI reaches 126.63% and total cumulative return in cash sums $163,247. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,060/mo property income covering a $1,903/mo payment, not borrower’s personal income.
Single Family
Built in 1865
0.36 Acres lot
$N/A/sqft
No 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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