5 Biechman RdRavenaNY12143
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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 Ravena at 5 Biechman Rd, Ravena, NY, 12143 offers $1,990/mo rent that, after a $1,762/mo payment. Total monthly income is $1,990/mo. Return on cash invested measures 15.75% in year one, and rental yield stands at 6.63% at a $360,000 entry. Equity gained on principal adds $2,323/yr while 5% annual appreciation compounds into $99,461 by year five. Five-year ROI records 81.15% and total cumulative return in cash reaches $96,849. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,990/mo property income versus a $1,762/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1860
1.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12143, Ravena, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,458 (100%) |
| Owner Occupied HU | 1,428 (58.1%) |
| Renter Occupied HU | 794 (32.3%) |
| Vacant Housing Units | 236 ( 9.6%) |
| Median Home Value | $243,671 |
| Average Home Value | $294,622 |
Housing Distribution
Address Breakdown
Residential
2,190
Single Family
1,847
Multi-Family
343
Businesses
155
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