23 Alexander DriveWashingtonvilleNY10992
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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
Rental property for sale in Washingtonville at 23 Alexander Drive, Washingtonville, NY, 10992 offers $4,680/mo rent that, after a $2,373/mo payment, leaves $1,442/mo cash flow. Total monthly income is $4,680/mo, and annual cash flow is $17,307/yr on $160,744 cash. Return on cash invested measures 30.68% in year one, and rental yield stands at 11.58% at a $484,900 entry. Equity gained on principal adds $3,129/yr while 5% annual appreciation compounds into $133,969 by year five. Five-year ROI records 161.23% and total cumulative return in cash reaches $259,171. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,680/mo property income versus a $2,373/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
7,039 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10992, Washingtonville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,435 (100%) |
| Owner Occupied HU | 2,641 (76.9%) |
| Renter Occupied HU | 626 (18.2%) |
| Vacant Housing Units | 168 ( 4.9%) |
| Median Home Value | $456,992 |
| Average Home Value | $520,878 |
Housing Distribution
Address Breakdown
Residential
3,393
Single Family
3,332
Multi-Family
61
Businesses
256
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Listed by: Arafat S. Ibrahim • AI Realty Brokerage LLC
Mls Name: OneKey MLS
Mls ID: #942450