18 Salem RoadPound RidgeNY10576
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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
Total monthly income runs $4,987/mo, and a $6,828/mo payment. Purchase price stands at $1,395,000, and rental yield measures 4.29% with $4,987/mo rent. Return on cash invested shows 8.88% in year one, and 5% annual appreciation builds toward $385,413 over five years. Five-year ROI reaches 44.25% and total cumulative return in cash records $199,990. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,987/mo property income covering a $6,828/mo payment rather than investor’s personal income.
Single Family
Built in 1784
5.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10576, Pound Ridge, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,277 (100%) |
| Owner Occupied HU | 1,765 (77.5%) |
| Renter Occupied HU | 268 (11.8%) |
| Vacant Housing Units | 244 (10.7%) |
| Median Home Value | $991,152 |
| Average Home Value | $1,169,421 |
Housing Distribution
Address Breakdown
Residential
1,948
Single Family
1,948
Multi-Family
0
Businesses
173
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Listed by: Kimberly C. Morris • Ginnel Real Estate
Mls Name: OneKey MLS
Mls ID: #914014