192 Laurel RidgeSouth SalemNY10590
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Nearby investment properties with comparable prices
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 South Salem at 192 Laurel Ridge, South Salem, NY, 10590 earns $3,596/mo cash flow from $6,960/mo rent with a $2,100/mo payment. Total monthly income totals $6,960/mo, and annual cash flow totals $43,151/yr on $142,214 capital. ROI tracks 50.25% on current figures, and rental yield reads 19.47% at a $429,000 purchase. Equity gained on principal adds $2,768/yr, and 5% annual appreciation supports $118,525 over five years. Five-year ROI reaches 267.72% and total cumulative return in cash sums $380,737. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,960/mo property income instead of your personal income.
Townhouse
Built in 1984
645 sqft lot
$N/A/sqft
$499 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10590, South Salem, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,521 (100%) |
| Owner Occupied HU | 2,053 (81.4%) |
| Renter Occupied HU | 211 ( 8.4%) |
| Vacant Housing Units | 257 (10.2%) |
| Median Home Value | $829,944 |
| Average Home Value | $919,282 |
Housing Distribution
Address Breakdown
Residential
2,502
Single Family
2,502
Multi-Family
0
Businesses
167
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Nearby investment properties with comparable prices
Listed by: Anne-Marie Nordgren • Coldwell Banker Realty
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #H6320250
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