57 Averill AvenueAverill ParkNY12018
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 Averill Park at 57 Averill Avenue, Averill Park, NY, 12018 offers a 8.69% rental yield on a $419,900 purchase with $3,040/mo rent. Total monthly income registers $3,040/mo, and a $2,055/mo payment leaves $236/mo available for distribution. Annual cash flow reaches $2,834/yr on $139,197 to close, and return on cash invested stands at 21.95% in year one. Equity gained on principal adds $2,710/yr while 5% annual appreciation supports $116,011 over five years. Portfolio math shows five-year ROI at 114.42% and total cumulative return in cash at $159,276. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,040/mo property income against a $2,055/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2012
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12018, Averill Park, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,597 (100%) |
| Owner Occupied HU | 2,676 (74.4%) |
| Renter Occupied HU | 532 (14.8%) |
| Vacant Housing Units | 389 (10.8%) |
| Median Home Value | $350,461 |
| Average Home Value | $386,443 |
Housing Distribution
Address Breakdown
Residential
3,116
Single Family
3,116
Multi-Family
0
Businesses
98
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Marion DeSantis • KW Platform
Mls Name: Global MLS
Mls ID: #202529503