33 E Mayer DriveMontebelloNY10901
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
Investment property for sale in Montebello at 33 E Mayer Drive, Montebello, NY, 10901 offers a 8.91% rental yield on a $889,000 purchase with $6,600/mo rent. Total monthly income registers $6,600/mo, and a $4,351/mo payment leaves $664/mo available for distribution. Annual cash flow reaches $7,963/yr on $292,481 to close, and return on cash invested stands at 22.78% in year one. Equity gained on principal adds $5,737/yr while 5% annual appreciation supports $245,614 over five years. Portfolio math shows five-year ROI at 118.87% and total cumulative return in cash at $347,666. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,600/mo property income against a $4,351/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
0.65 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Naomi Streicher • Q Home Sales
Mls Name: OneKey MLS
Mls ID: #900930