20 Lexington Hill #2HarrimanNY10926
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
Investment Highlights
Investment property for sale in Harriman at 20 Lexington Hill #2, Harriman, NY, 10926 uses $84,533 cash to close to unlock $687/yr annual cash flow and $57/mo monthly cash flow. Total monthly income runs $1,760/mo, and a $1,248/mo payment keeps the spread at $57/mo. Purchase price stands at $255,000, and rental yield measures 8.28% with $1,760/mo rent. Return on cash invested shows 20.72% in year one, and 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 107.88% and total cumulative return in cash records $91,196. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,760/mo property income covering a $1,248/mo payment rather than investor’s personal income.
Condo
Built in 1985
436 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10926, Harriman, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,595 (100%) |
| Owner Occupied HU | 936 (58.7%) |
| Renter Occupied HU | 583 (36.6%) |
| Vacant Housing Units | 76 ( 4.8%) |
| Median Home Value | $480,000 |
| Average Home Value | $510,371 |
Housing Distribution
Address Breakdown
Residential
1,365
Single Family
1,365
Multi-Family
0
Businesses
261
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices