4 Scenic DriveSouth SalemNY10590
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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 South Salem at 4 Scenic Drive, South Salem, NY, 10590 offers $4,163/mo rent that, after a $5,849/mo payment. Total monthly income is $4,163/mo. Return on cash invested measures 8.54% in year one, and rental yield stands at 4.18% at a $1,195,000 entry. Equity gained on principal adds $7,711/yr while 5% annual appreciation compounds into $330,156 by year five. Five-year ROI records 42.43% and total cumulative return in cash reaches $164,282. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,163/mo property income versus a $5,849/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10590, South Salem, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,521 (100%) |
| Owner Occupied HU | 2,053 (81.4%) |
| Renter Occupied HU | 211 ( 8.4%) |
| Vacant Housing Units | 257 (10.2%) |
| Median Home Value | $829,944 |
| Average Home Value | $919,282 |
Housing Distribution
Address Breakdown
Residential
2,502
Single Family
2,502
Multi-Family
0
Businesses
167
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Listed by: Mark Boyland • Keller Williams Realty Partner
Mls Name: OneKey MLS
Mls ID: #877605