38 Fourth Avenue #2ANyackNY10960
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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 Nyack at 38 Fourth Avenue #2A, Nyack, NY, 10960 generates $2,011/mo in rent and, after a $1,118/mo payment, leaves $486/mo in cash flow. Total monthly income is $2,011/mo, and annual cash flow is $5,826/yr on $75,748 invested. Return on cash invested sits at 27.6% in year one, and rental yield is 10.56% on a $228,500 entry. Equity gained on principal adds $1,474/yr, while 5% annual appreciation builds toward $63,130 over five years. Five-year ROI reaches 144.75% and total cumulative return in cash sums $109,648. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,011/mo property income rather than buyer’s personal income.
Condo
Built in 1963
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10960, Nyack, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,008 (100%) |
| Owner Occupied HU | 3,178 (45.3%) |
| Renter Occupied HU | 3,277 (46.8%) |
| Vacant Housing Units | 553 ( 7.9%) |
| Median Home Value | $784,011 |
| Average Home Value | $864,261 |
Housing Distribution
Address Breakdown
Residential
6,394
Single Family
4,786
Multi-Family
1,608
Businesses
825
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Listed by: Omar Barragan • Howard Hanna Rand Realty
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #H6320166
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.