421 Trump ParkShrub OakNY10588
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
Rental property for sale in Shrub Oak at 421 Trump Park, Shrub Oak, NY, 10588 priced at $611,500 converts $5,694/mo rent into $1,610/mo cash flow after a $2,993/mo obligation. Total monthly income equals $5,694/mo, and annual cash flow totals $19,326/yr on $201,184 invested. Return on cash invested prints 29.67% in year one, and rental yield reads 11.17% against a $611,500 entry. Equity gained on principal adds $3,946/yr, while 5% annual appreciation compiles into $168,946 by year five. Five-year ROI reaches 155.79% and total cumulative return in cash sums $313,414. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,694/mo property income covering a $2,993/mo payment, not borrower’s personal income.
Condo
Built in 2007
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10588, Shrub Oak, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,011 (100%) |
| Owner Occupied HU | 708 (70.0%) |
| Renter Occupied HU | 246 (24.3%) |
| Vacant Housing Units | 57 ( 5.6%) |
| Median Home Value | $485,561 |
| Average Home Value | $511,448 |
Housing Distribution
Address Breakdown
Residential
917
Single Family
696
Multi-Family
221
Businesses
119
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices