4 Nicole Way, Chestnut Ridge, NY, 10977 | 4.86% Rental Yield

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Chestnut Ridge at 4 Nicole Way, Chestnut Ridge, NY, 10977 priced at $1,379,000 pairs $5,580/mo rent with after a $6,750/mo payment. Total monthly income equals $5,580/mo. Return on cash invested is 10.62% in year one, and rental yield stands at 4.86% on a $1,379,000 basis. Equity gained on principal adds $8,898/yr, and 5% annual appreciation accumulates to $380,992 by year five. Five-year ROI measures 53.6% and total cumulative return in cash reaches $239,474. For financing, Ziffy Mortgage’s DSCR program evaluates $5,580/mo property income against a $6,750/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1988

0.80 Acres lot

$N/A/sqft

No HOA