20 Ridge RdRavenaNY12143
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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 Ravena at 20 Ridge Rd, Ravena, NY, 12143 offers a 11.96% rental yield on a $221,400 purchase with $2,207/mo rent. Total monthly income registers $2,207/mo, and a $1,084/mo payment leaves $728/mo available for distribution. Annual cash flow reaches $8,738/yr on $73,394 to close, and return on cash invested stands at 31.81% in year one. Equity gained on principal adds $1,429/yr while 5% annual appreciation supports $61,169 over five years. Portfolio math shows five-year ROI at 167.38% and total cumulative return in cash at $122,851. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,207/mo property income against a $1,084/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12143, Ravena, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,458 (100%) |
| Owner Occupied HU | 1,428 (58.1%) |
| Renter Occupied HU | 794 (32.3%) |
| Vacant Housing Units | 236 ( 9.6%) |
| Median Home Value | $243,671 |
| Average Home Value | $294,622 |
Housing Distribution
Address Breakdown
Residential
2,190
Single Family
1,847
Multi-Family
343
Businesses
155
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