5 Lewis DriveStony pointNY10980
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Stony point at 5 Lewis Drive, Stony point, NY, 10980 offers a 10.45% rental yield on a $689,000 purchase with $6,000/mo rent. Total monthly income registers $6,000/mo, and a $3,372/mo payment leaves $1,399/mo available for distribution. Annual cash flow reaches $16,791/yr on $226,681 to close, and return on cash invested stands at 27.47% in year one. Equity gained on principal adds $4,446/yr while 5% annual appreciation supports $190,358 over five years. Portfolio math shows five-year ROI at 143.99% and total cumulative return in cash at $326,406. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,000/mo property income against a $3,372/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1945
1.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10980, Stony Point, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,896 (100%) |
| Owner Occupied HU | 3,846 (78.6%) |
| Renter Occupied HU | 831 (17.0%) |
| Vacant Housing Units | 219 ( 4.5%) |
| Median Home Value | $581,579 |
| Average Home Value | $631,402 |
Housing Distribution
Address Breakdown
Residential
4,794
Single Family
4,712
Multi-Family
82
Businesses
299
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: David Jacobi • Keller Williams Valley Realty
Mls Name: OneKey MLS
Mls ID: #941930