3 Karsten DriveSuffernNY10901
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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 Suffern at 3 Karsten Drive, Suffern, NY, 10901 listed at $872,500 pairs $6,600/mo rent with a $4,270/mo payment to leave $774/mo cash flow. Total monthly income runs $6,600/mo, and annual cash flow reaches $9,288/yr on $287,053 cash to close. Return on cash invested measures 23.3% in year one, and rental yield registers 9.08% at a $872,500 basis. Equity gained on principal adds $5,630/yr, and annual property appreciation at 5% supports $241,056 by year five. Five-year ROI tracks 121.63% and total cumulative return in cash totals $349,146. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,600/mo property income relative to a $4,270/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1968
0.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10901, Suffern, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,701 (100%) |
| Owner Occupied HU | 6,227 (64.2%) |
| Renter Occupied HU | 2,862 (29.5%) |
| Vacant Housing Units | 612 ( 6.3%) |
| Median Home Value | $588,681 |
| Average Home Value | $658,904 |
Housing Distribution
Address Breakdown
Residential
9,407
Single Family
7,478
Multi-Family
1,929
Businesses
861
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