37-69 Mt. Ava Maria DrivePhoeniciaNY12464
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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 Phoenicia at 37-69 Mt. Total monthly income runs $4,740/mo, and a $9,300/mo payment. Purchase price stands at $1,900,000, and rental yield measures 2.99% with $4,740/mo rent. Return on cash invested shows 4.88% in year one, and 5% annual appreciation builds toward $524,935 over five years. Five-year ROI reaches 22.78% and total cumulative return in cash records $140,259. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,740/mo property income covering a $9,300/mo payment rather than investor’s personal income.
Multi Family
Built in 1870
8.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12464, Phoenicia, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 926 (100%) |
| Owner Occupied HU | 375 (40.5%) |
| Renter Occupied HU | 155 (16.7%) |
| Vacant Housing Units | 396 (42.8%) |
| Median Home Value | $454,348 |
| Average Home Value | $515,873 |
Housing Distribution
Address Breakdown
Residential
309
Single Family
286
Multi-Family
23
Businesses
67
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