4 Marina Drive #A1MahopacNY10541
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Mahopac at 4 Marina Drive #A1, Mahopac, NY, 10541 uses $117,683 cash to close to unlock $347/yr annual cash flow and $29/mo monthly cash flow. Total monthly income runs $2,400/mo, and a $1,738/mo payment keeps the spread at $29/mo. Purchase price stands at $355,000, and rental yield measures 8.11% with $2,400/mo rent. Return on cash invested shows 20.2% in year one, and 5% annual appreciation builds toward $98,080 over five years. Five-year ROI reaches 105.06% and total cumulative return in cash records $123,636. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,400/mo property income covering a $1,738/mo payment rather than investor’s personal income.
Condo
Built in 1986
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10541, Mahopac, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,539 (100%) |
| Owner Occupied HU | 7,618 (79.9%) |
| Renter Occupied HU | 1,361 (14.3%) |
| Vacant Housing Units | 560 ( 5.9%) |
| Median Home Value | $505,354 |
| Average Home Value | $540,965 |
Housing Distribution
Address Breakdown
Residential
8,657
Single Family
8,487
Multi-Family
170
Businesses
610
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices