16 Leeward Ln #129Stony PointNY10980
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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 Stony Point at 16 Leeward Ln #129, Stony Point, NY, 10980 priced at $125,000 converts $5,982/mo rent into $5,147/mo cash flow after a $612/mo obligation. Total monthly income equals $5,982/mo, and annual cash flow totals $61,765/yr on $41,438 invested. Return on cash invested prints 168.96% in year one, and rental yield reads 57.43% against a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation compiles into $34,535 by year five. Five-year ROI reaches 902.88% and total cumulative return in cash sums $374,129. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,982/mo property income covering a $612/mo payment, not borrower’s personal income.
Manufactured
Built in 2022
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10980, Stony Point, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,896 (100%) |
| Owner Occupied HU | 3,846 (78.6%) |
| Renter Occupied HU | 831 (17.0%) |
| Vacant Housing Units | 219 ( 4.5%) |
| Median Home Value | $581,579 |
| Average Home Value | $631,402 |
Housing Distribution
Address Breakdown
Residential
4,794
Single Family
4,712
Multi-Family
82
Businesses
299
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Listed by: N/A • RHP Properties
Mls Name: RHP Properties
Mls ID: #N/A