16 Nelson LaneGarrisonNY10524
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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
Investment property for sale in Garrison at 16 Nelson Lane, Garrison, NY, 10524 at $678,500 posts ROI 20.95% with $166/mo cash flow from $4,697/mo rent. Total monthly income equals $4,697/mo, and annual cash flow records $1,992/yr on $223,227 to close. Return on cash invested measures 20.95% and rental yield reads 8.31% at the current $678,500. Equity gained on principal adds $4,378/yr, and 5% annual appreciation supports $187,457 by year five. Five-year ROI prints 109.07% and total cumulative return in cash totals $243,478.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,697/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1972
0.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10524, Garrison, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,903 (100%) |
| Owner Occupied HU | 1,442 (75.8%) |
| Renter Occupied HU | 215 (11.3%) |
| Vacant Housing Units | 246 (12.9%) |
| Median Home Value | $625,342 |
| Average Home Value | $804,806 |
Housing Distribution
Address Breakdown
Residential
1,528
Single Family
1,528
Multi-Family
0
Businesses
128
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Listed by: Jeffrey M. Green • Compass Greater NY, LLC
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #856500
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