145 Cherry LnAirmontNY10952
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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 Airmont at 145 Cherry Ln, Airmont, NY, 10952 generates $5,030/mo in rent, after a $5,947/mo payment. Total monthly income is $5,030/mo. Return on cash invested sits at 10.97% in year one, and rental yield is 4.97% on a $1,215,000 entry. Equity gained on principal adds $7,840/yr, while 5% annual appreciation builds toward $335,682 over five years. Five-year ROI reaches 55.47% and total cumulative return in cash sums $218,357. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,030/mo property income rather than buyer’s personal income.
Single Family
Built in 1860
1.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10952, Monsey, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,120 (100%) |
| Owner Occupied HU | 4,798 (43.1%) |
| Renter Occupied HU | 5,656 (50.9%) |
| Vacant Housing Units | 666 ( 6.0%) |
| Median Home Value | $872,033 |
| Average Home Value | $943,259 |
Housing Distribution
Address Breakdown
Residential
10,473
Single Family
9,163
Multi-Family
1,310
Businesses
1,367
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