57 Cedar Berry LaneDover PlainsNY12522
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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 Dover Plains at 57 Cedar Berry Lane, Dover Plains, NY, 12522 offers $6,323/mo rent that, after a $6,852/mo payment. Total monthly income is $6,323/mo. Return on cash invested measures 12.37% in year one, and rental yield stands at 5.42% at a $1,399,999 entry. Equity gained on principal adds $9,034/yr while 5% annual appreciation compounds into $386,794 by year five. Five-year ROI records 62.95% and total cumulative return in cash reaches $285,535. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,323/mo property income versus a $6,852/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
4.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12522, Dover Plains, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,356 (100%) |
| Owner Occupied HU | 1,475 (62.6%) |
| Renter Occupied HU | 659 (28.0%) |
| Vacant Housing Units | 222 ( 9.4%) |
| Median Home Value | $352,469 |
| Average Home Value | $521,727 |
Housing Distribution
Address Breakdown
Residential
1,699
Single Family
1,699
Multi-Family
0
Businesses
101
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Listed by: Lindsay Stevens • eXp Realty
Mls Name: HVCRMLS
Mls ID: #20254050