27 Trent UNIT BRidgeNY11961
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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 Ridge at 27 Trent UNIT B, Ridge, NY, 11961 with 5% annual appreciation on a $294,500 basis while $3,002/mo rent supports operations. Total monthly income totals $3,002/mo and a $1,441/mo payment preserves $1,036/mo for cash returns. Annual cash flow comes to $12,430/yr on $97,627 deployed, and return on cash invested reaches 32.64% in year one. Equity gained on principal adds $1,900/yr, and five-year appreciation sums $81,365 alongside rental yield of 12.23%. Five-year ROI measures 171.75% and total cumulative return in cash totals $167,677.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,002/mo property income versus a $1,441/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1973
1,252 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11961, Ridge, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,306 (100%) |
| Owner Occupied HU | 5,011 (79.5%) |
| Renter Occupied HU | 795 (12.6%) |
| Vacant Housing Units | 500 ( 7.9%) |
| Median Home Value | $515,000 |
| Average Home Value | $519,172 |
Housing Distribution
Address Breakdown
Residential
6,167
Single Family
6,167
Multi-Family
0
Businesses
170
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Listed by: Jennifer M Carter • S & J Property Management Corp
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #3582355
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