16 Twin Lakes DriveAirmontNY10952
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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
Investment property for sale in Airmont at 16 Twin Lakes Drive, Airmont, NY, 10952 offers a 10.45% rental yield on a $999,000 purchase with $8,700/mo rent. Total monthly income registers $8,700/mo, and a $4,890/mo payment leaves $2,028/mo available for distribution. Annual cash flow reaches $24,341/yr on $328,671 to close, and return on cash invested stands at 27.47% in year one. Equity gained on principal adds $6,446/yr while 5% annual appreciation supports $276,005 over five years. Portfolio math shows five-year ROI at 143.98% and total cumulative return in cash at $473,234. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $8,700/mo property income against a $4,890/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
0.94 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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