124 Cottage StreetRavenaNY12143
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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 Ravena at 124 Cottage Street, Ravena, NY, 12143 at $225,000 posts ROI 21.71% with $112/mo cash flow from $1,614/mo rent. Total monthly income equals $1,614/mo, and annual cash flow records $1,341/yr on $74,588 to close. Return on cash invested measures 21.71% and rental yield reads 8.61% at the current $225,000. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 by year five. Five-year ROI prints 113.11% and total cumulative return in cash totals $84,369.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,614/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1925
9,583 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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