38 5th StreetHillburnNY10931
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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 Hillburn at 38 5th Street, Hillburn, NY, 10931 offers a 10.45% rental yield on a $399,000 purchase with $3,474/mo rent. Total monthly income registers $3,474/mo, and a $1,953/mo payment leaves $809/mo available for distribution. Annual cash flow reaches $9,713/yr on $132,269 to close, and return on cash invested stands at 27.25% in year one. Equity gained on principal adds $2,575/yr while 5% annual appreciation supports $110,236 over five years. Portfolio math shows five-year ROI at 142.87% and total cumulative return in cash at $188,978. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,474/mo property income against a $1,953/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10931, Hillburn, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 325 (100%) |
| Owner Occupied HU | 198 (60.9%) |
| Renter Occupied HU | 98 (30.2%) |
| Vacant Housing Units | 29 ( 8.9%) |
| Median Home Value | $557,292 |
| Average Home Value | $702,399 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
18
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