344 Hawley RoadNorth SalemNY10560
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 344 Hawley Road, North Salem, NY, 10560 in North Salem hard to pass up. The 10.46% gross yield on a $1,145,000 purchase results in $9,977/mo in rent and $2,331/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (1.94). Annual cash flow of $27,968, five-year appreciation of $316,342, and $10,546/yr in equity build-up combine for a projected total cumulative return of $586,612.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.5% | 6.2% |
| Monthly Cash Flow | $2,331 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $9,977 |
| Total Monthly Debt Service | $7,191 |
| DSCR Ratio | 1.39x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1980
17.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10560, North Salem, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,929 (100%) |
| Owner Occupied HU | 1,361 (70.6%) |
| Renter Occupied HU | 319 (16.5%) |
| Vacant Housing Units | 249 (12.9%) |
| Median Home Value | $734,539 |
| Average Home Value | $887,667 |
Housing Distribution
Address Breakdown
Residential
1,673
Single Family
1,673
Multi-Family
0
Businesses
140
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
Single Family
Built in 1980
17.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10560, North Salem, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,929 (100%) |
| Owner Occupied HU | 1,361 (70.6%) |
| Renter Occupied HU | 319 (16.5%) |
| Vacant Housing Units | 249 (12.9%) |
| Median Home Value | $734,539 |
| Average Home Value | $887,667 |
Housing Distribution
Address Breakdown
Residential
1,673
Single Family
1,673
Multi-Family
0
Businesses
140
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Susan Stillman • Houlihan Lawrence Inc.
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #849931
Disclaimer: The data relating to real estate for sale or lease on this web site comes in part from OneKey MLS. Real estate listings held by brokerage firms other than Zillow, Inc are marked with the OneKey MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025 OneKey MLS. All rights reserved.