3 Grand View TerraceChesterNY10918
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
Rental property for sale in Chester at 3 Grand View Terrace, Chester, NY, 10918 priced at $749,000 converts $4,980/mo rent into after a $3,666/mo obligation. Total monthly income equals $4,980/mo. Return on cash invested prints 19.95% in year one, and rental yield reads 7.98% against a $749,000 entry. Equity gained on principal adds $4,833/yr, while 5% annual appreciation compiles into $206,935 by year five. Five-year ROI reaches 103.71% and total cumulative return in cash sums $255,556. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,980/mo property income covering a $3,666/mo payment, not borrower’s personal income.
Single Family
Built in 2003
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10918, Chester, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,533 (100%) |
| Owner Occupied HU | 3,336 (73.6%) |
| Renter Occupied HU | 962 (21.2%) |
| Vacant Housing Units | 235 ( 5.2%) |
| Median Home Value | $503,788 |
| Average Home Value | $546,215 |
Housing Distribution
Address Breakdown
Residential
4,194
Single Family
4,146
Multi-Family
48
Businesses
442
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices