277 Old Route 304New 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 277 Old Route 304, New City, NY, 10956 earns $2,561/mo cash flow from $6,972/mo rent with a $3,233/mo payment. Total monthly income totals $6,972/mo, and annual cash flow totals $30,733/yr on $217,305 capital. ROI tracks 34.2% on current figures, and rental yield reads 12.67% at a $660,500 purchase. Equity gained on principal adds $4,262/yr, and 5% annual appreciation supports $182,484 over five years. Five-year ROI reaches 180.13% and total cumulative return in cash sums $391,426. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,972/mo property income instead of your personal income.
Single Family
Built in 1967
0.83 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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