23 Prospect AvenueGoshenNY10924
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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 Goshen at 23 Prospect Avenue, Goshen, NY, 10924 priced at $849,000 pairs $2,751/mo rent with after a $4,155/mo payment. Total monthly income equals $2,751/mo. Return on cash invested is 7.52% in year one, and rental yield stands at 3.89% on a $849,000 basis. Equity gained on principal adds $5,478/yr, and 5% annual appreciation accumulates to $234,563 by year five. Five-year ROI measures 37.03% and total cumulative return in cash reaches $103,436. For financing, Ziffy Mortgage’s DSCR program evaluates $2,751/mo property income against a $4,155/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1885
7,987 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10924, Goshen, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,427 (100%) |
| Owner Occupied HU | 3,621 (66.7%) |
| Renter Occupied HU | 1,392 (25.6%) |
| Vacant Housing Units | 414 ( 7.6%) |
| Median Home Value | $502,427 |
| Average Home Value | $557,297 |
Housing Distribution
Address Breakdown
Residential
4,871
Single Family
4,451
Multi-Family
420
Businesses
715
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