23 Kemble AvenueCold SpringNY10516
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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 Cold Spring at 23 Kemble Avenue, Cold Spring, NY, 10516 with 5% annual appreciation on a $648,000 basis while $5,760/mo rent supports operations. Total monthly income totals $5,760/mo and a $3,172/mo payment preserves $1,432/mo for cash returns. Annual cash flow comes to $17,189/yr on $213,192 deployed, and return on cash invested reaches 28.12% in year one. Equity gained on principal adds $4,181/yr, and five-year appreciation sums $179,030 alongside rental yield of 10.67%. Five-year ROI measures 147.51% and total cumulative return in cash totals $314,482.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,760/mo property income versus a $3,172/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1870
2,100 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10516, Cold Spring, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,627 (100%) |
| Owner Occupied HU | 1,782 (67.8%) |
| Renter Occupied HU | 568 (21.6%) |
| Vacant Housing Units | 277 (10.5%) |
| Median Home Value | $635,809 |
| Average Home Value | $690,983 |
Housing Distribution
Address Breakdown
Residential
2,407
Single Family
2,350
Multi-Family
57
Businesses
341
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Listed by: Melissa Carlton • Houlihan Lawrence Inc.
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #899637
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