163 W Park AvenuePearl RiverNY10965
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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 Pearl River at 163 W Park Avenue, Pearl River, NY, 10965 offers a 8.86% rental yield on a $975,000 purchase with $7,200/mo rent. Total monthly income registers $7,200/mo, and a $4,772/mo payment leaves $689/mo available for distribution. Annual cash flow reaches $8,271/yr on $320,775 to close, and return on cash invested stands at 22.64% in year one. Equity gained on principal adds $6,292/yr while 5% annual appreciation supports $269,375 over five years. Portfolio math shows five-year ROI at 118.1% and total cumulative return in cash at $378,831. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $7,200/mo property income against a $4,772/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10965, Pearl River, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,886 (100%) |
| Owner Occupied HU | 4,436 (75.4%) |
| Renter Occupied HU | 1,243 (21.1%) |
| Vacant Housing Units | 207 ( 3.5%) |
| Median Home Value | $640,155 |
| Average Home Value | $701,136 |
Housing Distribution
Address Breakdown
Residential
5,627
Single Family
5,050
Multi-Family
577
Businesses
610
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Listed by: Lisa Green • Wright Bros Real Estate Inc.
Mls Name: OneKey MLS
Mls ID: #946560