21 Hopp Ground LaneBedfordNY10506
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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 Bedford at 21 Hopp Ground Lane, Bedford, NY, 10506 with 5% annual appreciation on a $1,600,000 basis while $6,720/mo rent supports operations. 19% in year one. Equity gained on principal adds $10,325/yr, and five-year appreciation sums $442,051 alongside rental yield of 5.04%. Five-year ROI measures 56.66% and total cumulative return in cash totals $293,727. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,720/mo property income versus a $7,831/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1960
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10506, Bedford, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,154 (100%) |
| Owner Occupied HU | 1,713 (79.5%) |
| Renter Occupied HU | 204 ( 9.5%) |
| Vacant Housing Units | 237 (11.0%) |
| Median Home Value | $1,235,841 |
| Average Home Value | $1,327,998 |
Housing Distribution
Address Breakdown
Residential
2,027
Single Family
2,027
Multi-Family
0
Businesses
256
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