47 Lakeland AvenueCongersNY10920
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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
Investment property for sale in Congers at 47 Lakeland Avenue, Congers, NY, 10920 at $609,000 posts ROI 8.14% with from $2,077/mo rent. Total monthly income equals $2,077/mo. Return on cash invested measures 8.14% and rental yield reads 4.09% at the current $609,000. Equity gained on principal adds $3,930/yr, and 5% annual appreciation supports $168,255 by year five. Five-year ROI prints 40.35% and total cumulative return in cash totals $80,837. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,077/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1966
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10920, Congers, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,081 (100%) |
| Owner Occupied HU | 2,494 (80.9%) |
| Renter Occupied HU | 459 (14.9%) |
| Vacant Housing Units | 128 ( 4.2%) |
| Median Home Value | $632,246 |
| Average Home Value | $666,400 |
Housing Distribution
Address Breakdown
Residential
2,917
Single Family
2,869
Multi-Family
48
Businesses
401
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