167 Meyer OvalPearl 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 167 Meyer Oval, Pearl River, NY, 10965 listed at $269,000 pairs $1,865/mo rent with a $1,317/mo payment to leave $68/mo cash flow. Total monthly income runs $1,865/mo, and annual cash flow reaches $819/yr on $89,174 cash to close. Return on cash invested measures 20.83% in year one, and rental yield registers 8.32% at a $269,000 basis. Equity gained on principal adds $1,736/yr, and annual property appreciation at 5% supports $74,320 by year five. Five-year ROI tracks 108.45% and total cumulative return in cash totals $96,707. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,865/mo property income relative to a $1,317/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1964
1,742 sqft 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: Andrea T Amieiro • Weichert Realtors
Mls Name: OneKey MLS
Mls ID: #896529