303 Ridgetop LaneBrewsterNY10509
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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
Rental property for sale in Brewster at 303 Ridgetop Lane, Brewster, NY, 10509 offers $2,730/mo rent that, after a $2,080/mo payment. Total monthly income is $2,730/mo. Return on cash invested measures 18.99% in year one, and rental yield stands at 7.71% at a $425,000 entry. Equity gained on principal adds $2,742/yr while 5% annual appreciation compounds into $117,420 by year five. Five-year ROI records 98.58% and total cumulative return in cash reaches $138,893. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,730/mo property income versus a $2,080/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1986
436 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10509, Brewster, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,575 (100%) |
| Owner Occupied HU | 5,327 (70.3%) |
| Renter Occupied HU | 1,768 (23.3%) |
| Vacant Housing Units | 480 ( 6.3%) |
| Median Home Value | $482,832 |
| Average Home Value | $539,434 |
Housing Distribution
Address Breakdown
Residential
7,276
Single Family
6,813
Multi-Family
463
Businesses
911
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