6 Normandy UNIT 7NanuetNY10954
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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 6 Normandy UNIT 7, Nanuet, NY, 10954 priced at $252,800 converts $2,700/mo rent into $633/mo cash flow after a $1,237/mo obligation. Total monthly income equals $2,700/mo, and annual cash flow totals $7,598/yr on $83,803 invested. Return on cash invested prints 28.98% in year one, and rental yield reads 12.82% against a $252,800 entry. Equity gained on principal adds $1,631/yr, while 5% annual appreciation compiles into $69,844 by year five. Five-year ROI reaches 154.12% and total cumulative return in cash sums $129,157. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,700/mo property income covering a $1,237/mo payment, not borrower’s personal income.
Condo
Built in 1966
2,178 sqft lot
$N/A/sqft
$379 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: Linda Fernandez • Keller Williams Hudson Valley
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #H6323725
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