47 Cherokee DriveHillsdaleNY12529
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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 Hillsdale at 47 Cherokee Drive, Hillsdale, NY, 12529 generates $3,828/mo in rent, after a $3,177/mo payment. Total monthly income is $3,828/mo. Return on cash invested sits at 17.21% in year one, and rental yield is 7.08% on a $649,000 entry. Equity gained on principal adds $4,188/yr, while 5% annual appreciation builds toward $179,307 over five years. Five-year ROI reaches 89.01% and total cumulative return in cash sums $190,056. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,828/mo property income rather than buyer’s personal income.
Single Family
Built in 1973
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12529, Hillsdale, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,046 (100%) |
| Owner Occupied HU | 1,004 (49.1%) |
| Renter Occupied HU | 284 (13.9%) |
| Vacant Housing Units | 758 (37.0%) |
| Median Home Value | $468,000 |
| Average Home Value | $584,178 |
Housing Distribution
Address Breakdown
Residential
1,383
Single Family
1,383
Multi-Family
0
Businesses
76
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