34 Forest AvenueCortlandt ManorNY10567
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 Cortlandt Manor at 34 Forest Avenue, Cortlandt Manor, NY, 10567 uses $165,584 cash to close to unlock $11,811/yr annual cash flow and $984/mo monthly cash flow. Total monthly income runs $4,320/mo, and a $2,445/mo payment keeps the spread at $984/mo. Purchase price stands at $499,500, and rental yield measures 10.38% with $4,320/mo rent. Return on cash invested shows 27.04% in year one, and 5% annual appreciation builds toward $138,003 over five years. Five-year ROI reaches 141.75% and total cumulative return in cash records $234,715. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,320/mo property income covering a $2,445/mo payment rather than investor’s personal income.
Single Family
Built in 1953
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10567, Cortlandt Manor, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,221 (100%) |
| Owner Occupied HU | 5,858 (81.1%) |
| Renter Occupied HU | 861 (11.9%) |
| Vacant Housing Units | 502 ( 7.0%) |
| Median Home Value | $589,979 |
| Average Home Value | $635,451 |
Housing Distribution
Address Breakdown
Residential
6,775
Single Family
6,613
Multi-Family
162
Businesses
328
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Listed by: Susan Fraietta • BHHS River Towns Real Estate
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #852058
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