3511 Stony StreetMohegan LakeNY10547
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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 Mohegan Lake at 3511 Stony Street, Mohegan Lake, NY, 10547 offers a 5.9% rental yield on a $488,000 purchase with $2,400/mo rent. 54% in year one. Equity gained on principal adds $3,149/yr while 5% annual appreciation supports $134,825 over five years. Portfolio math shows five-year ROI at 69.3% and total cumulative return in cash at $112,112. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,400/mo property income against a $2,389/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10547, Mohegan Lake, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,748 (100%) |
| Owner Occupied HU | 1,989 (72.4%) |
| Renter Occupied HU | 551 (20.1%) |
| Vacant Housing Units | 208 ( 7.6%) |
| Median Home Value | $560,595 |
| Average Home Value | $579,570 |
Housing Distribution
Address Breakdown
Residential
2,646
Single Family
2,591
Multi-Family
55
Businesses
291
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Listed by: Iris Kalt • Berkshire Hathaway HS NY Prop
Mls Name: OneKey MLS
Mls ID: #947289