2 Germonds Village #5BardoniaNY10954
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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 Bardonia at 2 Germonds Village #5, Bardonia, NY, 10954 priced at $274,900 pairs $2,700/mo rent with $865/mo cash flow after a $1,346/mo payment. Total monthly income equals $2,700/mo, and annual cash flow comes to $10,377/yr on $91,129 invested. Return on cash invested is 31.3% in year one, and rental yield stands at 11.79% on a $274,900 basis. Equity gained on principal adds $1,774/yr, and 5% annual appreciation accumulates to $75,950 by year five. Five-year ROI measures 164.55% and total cumulative return in cash reaches $149,955. For financing, Ziffy Mortgage’s DSCR program evaluates $2,700/mo property income against a $1,346/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1972
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10954, Nanuet, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,901 (100%) |
| Owner Occupied HU | 5,711 (64.2%) |
| Renter Occupied HU | 2,789 (31.3%) |
| Vacant Housing Units | 401 ( 4.5%) |
| Median Home Value | $590,645 |
| Average Home Value | $599,916 |
Housing Distribution
Address Breakdown
Residential
8,682
Single Family
8,137
Multi-Family
545
Businesses
1,082
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