320 Parkside 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 320 Parkside Drive, Suffern, NY, 10901 at $235,000 posts ROI 20.92% with $66/mo cash flow from $1,635/mo rent. Total monthly income equals $1,635/mo, and annual cash flow records $791/yr on $77,903 to close. Return on cash invested measures 20.92% and rental yield reads 8.35% at the current $235,000. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,926 by year five. Five-year ROI prints 108.91% and total cumulative return in cash totals $84,844.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,635/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1972
436 sqft 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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