22 Veteran RdPattersonNY12563
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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 Patterson at 22 Veteran Rd, Patterson, NY, 12563 uses $127,628 cash to close to unlock $13,349/yr annual cash flow and $1,112/mo monthly cash flow. Total monthly income runs $3,683/mo, and a $1,884/mo payment keeps the spread at $1,112/mo. Purchase price stands at $385,000, and rental yield measures 11.48% with $3,683/mo rent. Return on cash invested shows 30.37% in year one, and 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 159.58% and total cumulative return in cash records $203,662. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,683/mo property income covering a $1,884/mo payment rather than investor’s personal income.
Single Family
Built in 1946
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12563, Patterson, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,041 (100%) |
| Owner Occupied HU | 2,279 (74.9%) |
| Renter Occupied HU | 547 (18.0%) |
| Vacant Housing Units | 215 ( 7.1%) |
| Median Home Value | $431,675 |
| Average Home Value | $508,678 |
Housing Distribution
Address Breakdown
Residential
2,293
Single Family
2,293
Multi-Family
0
Businesses
266
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