5 Forkland LaneDobbs FerryNY10522
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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 Dobbs Ferry at 5 Forkland Lane, Dobbs Ferry, NY, 10522 generates $3,870/mo in rent, after a $6,353/mo payment. Total monthly income is $3,870/mo. Return on cash invested sits at 6.68% in year one, and rental yield is 3.58% on a $1,298,000 entry. Equity gained on principal adds $8,376/yr, while 5% annual appreciation builds toward $358,613 over five years. Five-year ROI reaches 32.47% and total cumulative return in cash sums $136,535. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,870/mo property income rather than buyer’s personal income.
Single Family
Built in 1883
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10522, Dobbs Ferry, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,505 (100%) |
| Owner Occupied HU | 2,381 (52.9%) |
| Renter Occupied HU | 1,813 (40.2%) |
| Vacant Housing Units | 311 ( 6.9%) |
| Median Home Value | $847,243 |
| Average Home Value | $954,224 |
Housing Distribution
Address Breakdown
Residential
4,273
Single Family
3,367
Multi-Family
906
Businesses
379
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Listed by: Iris Kalt • Berkshire Hathaway HS NY Prop
Mls Name: OneKey MLS
Mls ID: #934256