29 Cherry Hill RoadBlooming GroveNY10914
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Blooming Grove at 29 Cherry Hill Road, Blooming Grove, NY, 10914 at $699,000 posts ROI 38.76% with $3,584/mo cash flow from $8,252/mo rent. Total monthly income equals $8,252/mo, and annual cash flow records $43,013/yr on $229,971 to close. Return on cash invested measures 38.76% and rental yield reads 14.17% at the current $699,000. Equity gained on principal adds $4,511/yr, and 5% annual appreciation supports $193,121 by year five. Five-year ROI prints 204.57% and total cumulative return in cash totals $470,450.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $8,252/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1987
1.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10914, Blooming Grove, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 237 (100%) |
| Owner Occupied HU | 194 (81.9%) |
| Renter Occupied HU | 26 (11.0%) |
| Vacant Housing Units | 17 ( 7.2%) |
| Median Home Value | $473,913 |
| Average Home Value | $623,905 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
44
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Nearby investment properties with comparable prices
Listed by: Denise R Nunez • Keller Williams Rty Gold Coast
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #3562395
Disclaimer: The data relating to real estate for sale or lease on this web site comes in part from OneKey MLS. Real estate listings held by brokerage firms other than Zillow, Inc are marked with the OneKey MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024 OneKey MLS. All rights reserved.