5 Essex Lane #B5SuffernNY10901
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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 Suffern at 5 Essex Lane #B5, Suffern, NY, 10901 earns $1,077/mo cash flow from $3,635/mo rent with a $1,875/mo payment. Total monthly income totals $3,635/mo, and annual cash flow totals $12,924/yr on $126,965 capital. ROI tracks 30.09% on current figures, and rental yield reads 11.39% at a $383,000 purchase. Equity gained on principal adds $2,471/yr, and 5% annual appreciation supports $105,816 over five years. Five-year ROI reaches 158.05% and total cumulative return in cash sums $200,670. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,635/mo property income instead of your personal income.
Condo
Built in 1971
871 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10901, Suffern, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,701 (100%) |
| Owner Occupied HU | 6,227 (64.2%) |
| Renter Occupied HU | 2,862 (29.5%) |
| Vacant Housing Units | 612 ( 6.3%) |
| Median Home Value | $588,681 |
| Average Home Value | $658,904 |
Housing Distribution
Address Breakdown
Residential
9,407
Single Family
7,478
Multi-Family
1,929
Businesses
861
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