59 White Rock RoadPutnam ValleyNY10579
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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
Investment property for sale in Putnam Valley at 59 White Rock Road, Putnam Valley, NY, 10579 uses $310,905 cash to close to unlock $10,677/yr annual cash flow and $890/mo monthly cash flow. Total monthly income runs $7,200/mo, and a $4,625/mo payment keeps the spread at $890/mo. Purchase price stands at $945,000, and rental yield measures 9.14% with $7,200/mo rent. Return on cash invested shows 23.49% in year one, and 5% annual appreciation builds toward $261,086 over five years. Five-year ROI reaches 122.68% and total cumulative return in cash records $381,412. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $7,200/mo property income covering a $4,625/mo payment rather than investor’s personal income.
Single Family
Built in 2009
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10579, Putnam Valley, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,738 (100%) |
| Owner Occupied HU | 2,875 (76.9%) |
| Renter Occupied HU | 354 ( 9.5%) |
| Vacant Housing Units | 509 (13.6%) |
| Median Home Value | $550,236 |
| Average Home Value | $585,052 |
Housing Distribution
Address Breakdown
Residential
3,371
Single Family
3,371
Multi-Family
0
Businesses
127
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Listed by: Elizabeth Finnegan • Houlihan Lawrence Inc.
Mls Name: OneKey MLS
Mls ID: #886847