49 Oak Ridge DrivePutnam ValleyNY10579
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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 Putnam Valley at 49 Oak Ridge Drive, Putnam Valley, NY, 10579 earns from $3,277/mo rent with a $2,570/mo payment. Total monthly income totals $3,277/mo. ROI tracks 18.47% on current figures, and rental yield reads 7.49% at a $525,000 purchase. Equity gained on principal adds $3,388/yr, and 5% annual appreciation supports $145,048 over five years. Five-year ROI reaches 95.72% and total cumulative return in cash sums $165,333. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,277/mo property income instead of your personal income.
Single Family
Built in 1986
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10579, Putnam Valley, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,738 (100%) |
| Owner Occupied HU | 2,875 (76.9%) |
| Renter Occupied HU | 354 ( 9.5%) |
| Vacant Housing Units | 509 (13.6%) |
| Median Home Value | $550,236 |
| Average Home Value | $585,052 |
Housing Distribution
Address Breakdown
Residential
3,371
Single Family
3,371
Multi-Family
0
Businesses
127
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Listed by: Suzanne Van Der Wilden • BHHS River Towns Real Estate
Mls Name: OneKey MLS
Mls ID: #881647