21 Bridge StreetGarnervilleNY10923
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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 Garnerville at 21 Bridge Street, Garnerville, NY, 10923 offers a 9.5% rental yield on a $480,000 purchase with $3,800/mo rent. Total monthly income registers $3,800/mo, and a $2,349/mo payment leaves $595/mo available for distribution. Annual cash flow reaches $7,140/yr on $159,120 to close, and return on cash invested stands at 24.4% in year one. Equity gained on principal adds $3,097/yr while 5% annual appreciation supports $132,615 over five years. Portfolio math shows five-year ROI at 127.54% and total cumulative return in cash at $202,937. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,800/mo property income against a $2,349/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1900
4,792 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10923, Garnerville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,277 (100%) |
| Owner Occupied HU | 2,048 (62.5%) |
| Renter Occupied HU | 1,123 (34.3%) |
| Vacant Housing Units | 106 ( 3.2%) |
| Median Home Value | $480,385 |
| Average Home Value | $514,423 |
Housing Distribution
Address Breakdown
Residential
2,993
Single Family
2,305
Multi-Family
688
Businesses
182
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Listed by: Betzaida Vericain • Q Home Sales
Mls Name: OneKey MLS
Mls ID: #897661