2 W Lawrence Park Dr Unit 12PiermontNY10968
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe 10.3% yield at 2 W Lawrence Park Dr Unit 12, Piermont, NY, 10968 in Piermont is solid, but the $1,749/mo payment compresses net cash flow to $167/mo at $389,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $107,474 by year five, and $3,583/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.91) without U.S. income documentation. Total projected return: $196,149.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.3% | 6.2% |
| Monthly Cash Flow | $167 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $3,340 |
| Total Monthly Debt Service | $2,443 |
| DSCR Ratio | 1.37x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Apartment
Built in 1965
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10968, Piermont, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,197 (100%) |
| Owner Occupied HU | 661 (55.2%) |
| Renter Occupied HU | 411 (34.3%) |
| Vacant Housing Units | 125 (10.4%) |
| Median Home Value | $858,755 |
| Average Home Value | $947,182 |
Housing Distribution
Address Breakdown
Residential
1,203
Single Family
782
Multi-Family
421
Businesses
120
Nearby investment properties with comparable rents
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
Apartment
Built in 1965
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10968, Piermont, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,197 (100%) |
| Owner Occupied HU | 661 (55.2%) |
| Renter Occupied HU | 411 (34.3%) |
| Vacant Housing Units | 125 (10.4%) |
| Median Home Value | $858,755 |
| Average Home Value | $947,182 |
Housing Distribution
Address Breakdown
Residential
1,203
Single Family
782
Multi-Family
421
Businesses
120
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices