173 Massachusetts AveCongersNY10920
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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 Congers at 173 Massachusetts Ave, Congers, NY, 10920 priced at $646,800 converts $5,760/mo rent into $1,441/mo cash flow after a $3,166/mo obligation. Total monthly income equals $5,760/mo, and annual cash flow totals $17,286/yr on $212,797 invested. Return on cash invested prints 28.18% in year one, and rental yield reads 10.69% against a $646,800 entry. Equity gained on principal adds $4,174/yr, while 5% annual appreciation compiles into $178,699 by year five. Five-year ROI reaches 147.83% and total cumulative return in cash sums $314,585. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,760/mo property income covering a $3,166/mo payment, not borrower’s personal income.
Single Family
Built in 1960
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10920, Congers, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,081 (100%) |
| Owner Occupied HU | 2,494 (80.9%) |
| Renter Occupied HU | 459 (14.9%) |
| Vacant Housing Units | 128 ( 4.2%) |
| Median Home Value | $632,246 |
| Average Home Value | $666,400 |
Housing Distribution
Address Breakdown
Residential
2,917
Single Family
2,869
Multi-Family
48
Businesses
401
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