124 Woodcock KnollsCross RiverNY10518
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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 Cross River at 124 Woodcock Knolls, Cross River, NY, 10518 priced at $610,000 converts $0/mo rent into after a $2,986/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -4.3% in year one, and rental yield reads 0% against a $610,000 entry. Equity gained on principal adds $3,936/yr, while 5% annual appreciation compiles into $168,532 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $2,986/mo payment, not borrower’s personal income.
Condo
Built in 1987
1,274 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10518, Cross River, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 417 (100%) |
| Owner Occupied HU | 359 (86.1%) |
| Renter Occupied HU | 31 ( 7.4%) |
| Vacant Housing Units | 27 ( 6.5%) |
| Median Home Value | $857,857 |
| Average Home Value | $947,423 |
Housing Distribution
Address Breakdown
Residential
423
Single Family
423
Multi-Family
0
Businesses
84
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No similar rental properties found nearby.
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Listed by: Eileen Mc Grath • Douglas Elliman Real Estate
Mls Name: OneKey MLS
Mls ID: #910413