20 Johnsons LaneNew CityNY10956
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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 New City at 20 Johnsons Lane, New City, NY, 10956 generates $5,762/mo in rent and, after a $3,318/mo payment, leaves $1,235/mo in cash flow. Total monthly income is $5,762/mo, and annual cash flow is $14,819/yr on $223,062 invested. Return on cash invested sits at 26.7% in year one, and rental yield is 10.2% on a $678,000 entry. Equity gained on principal adds $4,375/yr, while 5% annual appreciation builds toward $187,319 over five years. Five-year ROI reaches 139.88% and total cumulative return in cash sums $312,021. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,762/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10956, New City, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,703 (100%) |
| Owner Occupied HU | 9,145 (85.4%) |
| Renter Occupied HU | 1,195 (11.2%) |
| Vacant Housing Units | 363 ( 3.4%) |
| Median Home Value | $677,493 |
| Average Home Value | $715,338 |
Housing Distribution
Address Breakdown
Residential
10,501
Single Family
10,229
Multi-Family
272
Businesses
1,136
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Listed by: Ellen R. Hilburg • Corcoran Baer & McIntosh
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #873071
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-25 22:28:24 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#778)