48 Bishop Park RoadNew YorkNY10576
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestment property for sale in New York at 48 Bishop Park Road, New York, NY, 10576 projects strong ROI of 11.45%. Rental yield 4.85%. With 5% annual appreciation, the property builds $656,169 in value over five years. Equity growth combined delivers a projected five-year ROI of 74.94%, translating into $502,808 in total cumulative return on $670,938 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.9% | 4.8% |
| Monthly Cash Flow | $(6,260) | $28,500 |
City averages based on New York market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $9,600 |
| Total Monthly Debt Service | $14,915 |
| DSCR Ratio | 0.64x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1996
5.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10576, Pound Ridge, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,277 (100%) |
| Owner Occupied HU | 1,765 (77.5%) |
| Renter Occupied HU | 268 (11.8%) |
| Vacant Housing Units | 244 (10.7%) |
| Median Home Value | $991,152 |
| Average Home Value | $1,169,421 |
Housing Distribution
Address Breakdown
Residential
1,948
Single Family
1,948
Multi-Family
0
Businesses
173
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
Single Family
Built in 1996
5.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10576, Pound Ridge, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,277 (100%) |
| Owner Occupied HU | 1,765 (77.5%) |
| Renter Occupied HU | 268 (11.8%) |
| Vacant Housing Units | 244 (10.7%) |
| Median Home Value | $991,152 |
| Average Home Value | $1,169,421 |
Housing Distribution
Address Breakdown
Residential
1,948
Single Family
1,948
Multi-Family
0
Businesses
173
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices