201 Old Mill RoadSouthfieldsNY10975
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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 Southfields at 201 Old Mill Road, Southfields, NY, 10975 uses $104,423 cash to close to unlock $10,923/yr annual cash flow and $910/mo monthly cash flow. Total monthly income runs $3,014/mo, and a $1,542/mo payment keeps the spread at $910/mo. Purchase price stands at $315,000, and rental yield measures 11.48% with $3,014/mo rent. Return on cash invested shows 30.37% in year one, and 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 159.61% and total cumulative return in cash records $166,673. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,014/mo property income covering a $1,542/mo payment rather than investor’s personal income.
Condo
Built in 1972
436 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10975, Southfields, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 170 (100%) |
| Owner Occupied HU | 103 (60.6%) |
| Renter Occupied HU | 49 (28.8%) |
| Vacant Housing Units | 18 (10.6%) |
| Median Home Value | $553,571 |
| Average Home Value | $544,903 |
Housing Distribution
Address Breakdown
Residential
104
Single Family
8
Multi-Family
96
Businesses
33
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Listed by: Ammar Iqbal • eXp Realty
Mls Name: OneKey MLS
Mls ID: #892089