23 Baylor RoadNew CityNY10956
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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 New City at 23 Baylor Road, New City, NY, 10956 offers a 9.58% rental yield on a $774,000 purchase with $6,180/mo rent. Total monthly income registers $6,180/mo, and a $3,788/mo payment leaves $1,012/mo available for distribution. Annual cash flow reaches $12,140/yr on $254,646 to close, and return on cash invested stands at 24.83% in year one. Equity gained on principal adds $4,995/yr while 5% annual appreciation supports $213,842 over five years. Portfolio math shows five-year ROI at 129.83% and total cumulative return in cash at $330,605. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,180/mo property income against a $3,788/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1972
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10956, New City, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,703 (100%) |
| Owner Occupied HU | 9,145 (85.4%) |
| Renter Occupied HU | 1,195 (11.2%) |
| Vacant Housing Units | 363 ( 3.4%) |
| Median Home Value | $677,493 |
| Average Home Value | $715,338 |
Housing Distribution
Address Breakdown
Residential
10,501
Single Family
10,229
Multi-Family
272
Businesses
1,136
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Listed by: Patricia V. Dominguez • Coldwell Banker Realty
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #845478
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