493 Sierra Vista LnValley CottageNY10989
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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 Valley Cottage at 493 Sierra Vista Ln, Valley Cottage, NY, 10989 offers $2,875/mo rent that, after a $1,478/mo payment, leaves $858/mo cash flow. Total monthly income is $2,875/mo, and annual cash flow is $10,301/yr on $100,113 cash. Return on cash invested measures 30.2% in year one, and rental yield stands at 11.42% at a $302,000 entry. Equity gained on principal adds $1,949/yr while 5% annual appreciation compounds into $83,437 by year five. Five-year ROI records 158.69% and total cumulative return in cash reaches $158,872. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,875/mo property income versus a $1,478/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1972
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10989, Valley Cottage, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,617 (100%) |
| Owner Occupied HU | 2,869 (79.3%) |
| Renter Occupied HU | 600 (16.6%) |
| Vacant Housing Units | 148 ( 4.1%) |
| Median Home Value | $580,926 |
| Average Home Value | $587,576 |
Housing Distribution
Address Breakdown
Residential
3,429
Single Family
2,424
Multi-Family
1,005
Businesses
266
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Nearby investment properties with comparable prices
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