3 Mercer WayGreenwichNY12834
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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 Greenwich at 3 Mercer Way, Greenwich, NY, 12834 offers a 10.38% rental yield on a $229,000 purchase with $1,981/mo rent. Total monthly income registers $1,981/mo, and a $1,121/mo payment leaves $452/mo available for distribution. Annual cash flow reaches $5,419/yr on $75,914 to close, and return on cash invested stands at 27.05% in year one. Equity gained on principal adds $1,478/yr while 5% annual appreciation supports $63,268 over five years. Portfolio math shows five-year ROI at 141.77% and total cumulative return in cash at $107,621. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,981/mo property income against a $1,121/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12834, Greenwich, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,998 (100%) |
| Owner Occupied HU | 2,021 (67.4%) |
| Renter Occupied HU | 627 (20.9%) |
| Vacant Housing Units | 350 (11.7%) |
| Median Home Value | $236,803 |
| Average Home Value | $280,889 |
Housing Distribution
Address Breakdown
Residential
2,718
Single Family
2,673
Multi-Family
45
Businesses
211
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