33 Harris AvenueRavenaNY12143
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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 Ravena at 33 Harris Avenue, Ravena, NY, 12143 uses $86,157 cash to close to unlock $6,822/yr annual cash flow and $569/mo monthly cash flow. Total monthly income runs $2,304/mo, and a $1,272/mo payment keeps the spread at $569/mo. Purchase price stands at $259,900, and rental yield measures 10.64% with $2,304/mo rent. Return on cash invested shows 27.83% in year one, and 5% annual appreciation builds toward $71,806 over five years. Five-year ROI reaches 145.96% and total cumulative return in cash records $125,758. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,304/mo property income covering a $1,272/mo payment rather than investor’s personal income.
Single Family
Built in 1910
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12143, Ravena, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,458 (100%) |
| Owner Occupied HU | 1,428 (58.1%) |
| Renter Occupied HU | 794 (32.3%) |
| Vacant Housing Units | 236 ( 9.6%) |
| Median Home Value | $243,671 |
| Average Home Value | $294,622 |
Housing Distribution
Address Breakdown
Residential
2,190
Single Family
1,847
Multi-Family
343
Businesses
155
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