50 Major Andre DriveStony PtNY10980
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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 Stony Pt at 50 Major Andre Drive, Stony Pt, NY, 10980 priced at $399,999 pairs $4,740/mo rent with $2,069/mo cash flow after a $1,958/mo payment. Total monthly income equals $4,740/mo, and annual cash flow comes to $24,824/yr on $132,600 invested. Return on cash invested is 38.63% in year one, and rental yield stands at 14.22% on a $399,999 basis. Equity gained on principal adds $2,581/yr, and 5% annual appreciation accumulates to $110,512 by year five. Five-year ROI measures 203.88% and total cumulative return in cash reaches $270,339. For financing, Ziffy Mortgage’s DSCR program evaluates $4,740/mo property income against a $1,958/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1951
5,227 sqft 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
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