35 Park Avenue #3LSuffernNY10901
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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
Rental property for sale in Suffern at 35 Park Avenue #3L, Suffern, NY, 10901 priced at $220,000 pairs $1,480/mo rent with $11/mo cash flow after a $1,077/mo payment. Total monthly income equals $1,480/mo, and annual cash flow comes to $128/yr on $72,930 invested. Return on cash invested is 20.08% in year one, and rental yield stands at 8.07% on a $220,000 basis. Equity gained on principal adds $1,420/yr, and 5% annual appreciation accumulates to $60,782 by year five. Five-year ROI measures 104.43% and total cumulative return in cash reaches $76,163. For financing, Ziffy Mortgage’s DSCR program evaluates $1,480/mo property income against a $1,077/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1974
1,307 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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