22 Ridge AvenueWaldenNY12586
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
Total monthly income runs $2,070/mo, and a $3,950/mo payment. Purchase price stands at $807,000, and rental yield measures 3.08% with $2,070/mo rent. Return on cash invested shows 5.06% in year one, and 5% annual appreciation builds toward $222,959 over five years. Five-year ROI reaches 23.81% and total cumulative return in cash records $63,213. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,070/mo property income covering a $3,950/mo payment rather than investor’s personal income.
Multi Family
Built in 1900
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12586, Walden, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,008 (100%) |
| Owner Occupied HU | 3,316 (66.2%) |
| Renter Occupied HU | 1,333 (26.6%) |
| Vacant Housing Units | 359 ( 7.2%) |
| Median Home Value | $390,632 |
| Average Home Value | $451,604 |
Housing Distribution
Address Breakdown
Residential
4,816
Single Family
4,404
Multi-Family
412
Businesses
307
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Pamela C Di Martino • Curasi Realty, Inc.
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #H6269374
Disclaimer: The data relating to real estate for sale or lease on this web site comes in part from OneKey MLS. Real estate listings held by brokerage firms other than Zillow, Inc are marked with the OneKey MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025 OneKey MLS. All rights reserved.