3 Troy LaneBedfordNY10506
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 Bedford at 3 Troy Lane, Bedford, NY, 10506 priced at $1,375,000 converts $6,720/mo rent into after a $6,730/mo obligation. Total monthly income equals $6,720/mo. Return on cash invested prints 13.74% in year one, and rental yield reads 5.86% against a $1,375,000 entry. Equity gained on principal adds $8,873/yr, while 5% annual appreciation compiles into $379,887 by year five. Five-year ROI reaches 70.3% and total cumulative return in cash sums $313,206. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,720/mo property income covering a $6,730/mo payment, not borrower’s personal income.
Single Family
Built in 1965
2.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10506, Bedford, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,154 (100%) |
| Owner Occupied HU | 1,713 (79.5%) |
| Renter Occupied HU | 204 ( 9.5%) |
| Vacant Housing Units | 237 (11.0%) |
| Median Home Value | $1,235,841 |
| Average Home Value | $1,327,998 |
Housing Distribution
Address Breakdown
Residential
2,027
Single Family
2,027
Multi-Family
0
Businesses
256
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices