51 Eagle Ridge WayNanuetNY10954
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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 Nanuet at 51 Eagle Ridge Way, Nanuet, NY, 10954 generates $3,450/mo in rent, after a $2,690/mo payment. Total monthly income is $3,450/mo. Return on cash invested sits at 16.09% in year one, and rental yield is 7.53% on a $549,500 entry. Equity gained on principal adds $3,546/yr, while 5% annual appreciation builds toward $151,817 over five years. Five-year ROI reaches 83.92% and total cumulative return in cash sums $151,713. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,450/mo property income rather than buyer’s personal income.
Condo
Built in 1992
2,614 sqft lot
$N/A/sqft
$378 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10954, Nanuet, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,901 (100%) |
| Owner Occupied HU | 5,711 (64.2%) |
| Renter Occupied HU | 2,789 (31.3%) |
| Vacant Housing Units | 401 ( 4.5%) |
| Median Home Value | $590,645 |
| Average Home Value | $599,916 |
Housing Distribution
Address Breakdown
Residential
8,682
Single Family
8,137
Multi-Family
545
Businesses
1,082
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Listed by: Renee Ocher • Christie's Int. Real Estate
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #807387
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