14 Howe StreetSouth SalemNY10590
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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
Rental property for sale in South Salem at 14 Howe Street, South Salem, NY, 10590 priced at $800,000 pairs $8,512/mo rent with $3,128/mo cash flow after a $3,916/mo payment. Total monthly income equals $8,512/mo, and annual cash flow comes to $37,537/yr on $263,200 invested. Return on cash invested is 34.32% in year one, and rental yield stands at 12.77% on a $800,000 basis. Equity gained on principal adds $5,162/yr, and 5% annual appreciation accumulates to $221,025 by year five. Five-year ROI measures 180.82% and total cumulative return in cash reaches $475,928. For financing, Ziffy Mortgage’s DSCR program evaluates $8,512/mo property income against a $3,916/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1976
0.70 Acres lot
$N/A/sqft
$495 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10590, South Salem, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,521 (100%) |
| Owner Occupied HU | 2,053 (81.4%) |
| Renter Occupied HU | 211 ( 8.4%) |
| Vacant Housing Units | 257 (10.2%) |
| Median Home Value | $829,944 |
| Average Home Value | $919,282 |
Housing Distribution
Address Breakdown
Residential
2,502
Single Family
2,502
Multi-Family
0
Businesses
167
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Listed by: Sheri H. Wolfe • Berkshire Hathaway HS NY Prop
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #857699
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-22 04:43:10 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#778)