286 High Avenue #2INyackNY10960
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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 Nyack at 286 High Avenue #2I, Nyack, NY, 10960 generates $2,113/mo in rent and, after a $1,463/mo payment, leaves $117/mo in cash flow. Total monthly income is $2,113/mo, and annual cash flow is $1,401/yr on $99,119 invested. Return on cash invested sits at 21.32% in year one, and rental yield is 8.48% on a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 111.06% and total cumulative return in cash sums $110,086. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,113/mo property income rather than buyer’s personal income.
Condo
Built in 1985
2,614 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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