16 Pine StLake PeekskillNY10537
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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 Lake Peekskill at 16 Pine St, Lake Peekskill, NY, 10537 priced at $355,000 converts $2,405/mo rent into $34/mo cash flow after a $1,738/mo obligation. Total monthly income equals $2,405/mo, and annual cash flow totals $407/yr on $117,683 invested. Return on cash invested prints 20.25% in year one, and rental yield reads 8.13% against a $355,000 entry. Equity gained on principal adds $2,291/yr, while 5% annual appreciation compiles into $98,080 by year five. Five-year ROI reaches 105.32% and total cumulative return in cash sums $123,948. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,405/mo property income covering a $1,738/mo payment, not borrower’s personal income.
Single Family
Built in 1935
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10537, Lake Peekskill, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 996 (100%) |
| Owner Occupied HU | 747 (75.0%) |
| Renter Occupied HU | 176 (17.7%) |
| Vacant Housing Units | 73 ( 7.3%) |
| Median Home Value | $370,413 |
| Average Home Value | $386,734 |
Housing Distribution
Address Breakdown
Residential
902
Single Family
902
Multi-Family
0
Businesses
24
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