151 Oak Ridge CircleMahopacNY10541
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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 Mahopac at 151 Oak Ridge Circle, Mahopac, NY, 10541 offers $8,400/mo rent that, after a $3,964/mo payment, leaves $2,992/mo cash flow. Total monthly income is $8,400/mo, and annual cash flow is $35,900/yr on $266,457 cash. Return on cash invested measures 33.53% in year one, and rental yield stands at 12.45% at a $809,900 entry. Equity gained on principal adds $5,226/yr while 5% annual appreciation compounds into $223,760 by year five. Five-year ROI records 176.51% and total cumulative return in cash reaches $470,324. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $8,400/mo property income versus a $3,964/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1988
2.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10541, Mahopac, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,539 (100%) |
| Owner Occupied HU | 7,618 (79.9%) |
| Renter Occupied HU | 1,361 (14.3%) |
| Vacant Housing Units | 560 ( 5.9%) |
| Median Home Value | $505,354 |
| Average Home Value | $540,965 |
Housing Distribution
Address Breakdown
Residential
8,657
Single Family
8,487
Multi-Family
170
Businesses
610
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