2 Westerly Lane SThornwoodNY10594
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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
Investment property for sale in Thornwood at 2 Westerly Lane S, Thornwood, NY, 10594 with 5% annual appreciation on a $1,248,000 basis while $5,400/mo rent supports operations. 66% in year one. Equity gained on principal adds $8,053/yr, and five-year appreciation sums $344,799 alongside rental yield of 5.19%. Five-year ROI measures 59.19% and total cumulative return in cash totals $239,337. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,400/mo property income versus a $6,108/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1959
0.87 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10594, Thornwood, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,731 (100%) |
| Owner Occupied HU | 1,386 (80.1%) |
| Renter Occupied HU | 292 (16.9%) |
| Vacant Housing Units | 53 ( 3.1%) |
| Median Home Value | $738,772 |
| Average Home Value | $834,657 |
Housing Distribution
Address Breakdown
Residential
1,628
Single Family
1,566
Multi-Family
62
Businesses
309
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