448 Saw Mill River RoadMillwoodNY10546
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 Millwood at 448 Saw Mill River Road, Millwood, NY, 10546 priced at $699,222 converts $4,920/mo rent into $251/mo cash flow after a $3,422/mo obligation. Total monthly income equals $4,920/mo, and annual cash flow totals $3,013/yr on $230,044 invested. Return on cash invested prints 21.37% in year one, and rental yield reads 8.44% against a $699,222 entry. Equity gained on principal adds $4,512/yr, while 5% annual appreciation compiles into $193,182 by year five. Five-year ROI reaches 111.3% and total cumulative return in cash sums $256,043. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,920/mo property income covering a $3,422/mo payment, not borrower’s personal income.
Single Family
Built in 1950
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10546, Millwood, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 325 (100%) |
| Owner Occupied HU | 268 (82.5%) |
| Renter Occupied HU | 38 (11.7%) |
| Vacant Housing Units | 19 ( 5.8%) |
| Median Home Value | $898,496 |
| Average Home Value | $1,037,313 |
Housing Distribution
Address Breakdown
Residential
492
Single Family
492
Multi-Family
0
Businesses
124
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices