28 E Catherine StreetNyackNY10960
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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 Nyack at 28 E Catherine Street, Nyack, NY, 10960 with 5% annual appreciation on a $999,000 basis while $10,200/mo rent supports operations. Total monthly income totals $10,200/mo and a $4,890/mo payment preserves $3,528/mo for cash returns. Annual cash flow comes to $42,341/yr on $328,671 deployed, and return on cash invested reaches 32.94% in year one. Equity gained on principal adds $6,446/yr, and five-year appreciation sums $276,005 alongside rental yield of 12.25%. Five-year ROI measures 173.35% and total cumulative return in cash totals $569,750.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $10,200/mo property income versus a $4,890/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1912
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10960, Nyack, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,008 (100%) |
| Owner Occupied HU | 3,178 (45.3%) |
| Renter Occupied HU | 3,277 (46.8%) |
| Vacant Housing Units | 553 ( 7.9%) |
| Median Home Value | $784,011 |
| Average Home Value | $864,261 |
Housing Distribution
Address Breakdown
Residential
6,394
Single Family
4,786
Multi-Family
1,608
Businesses
825
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