60 Hoffman LaneBlauveltNY10913
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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 Blauvelt at 60 Hoffman Lane, Blauvelt, NY, 10913 offers a 9.82% rental yield on a $659,999 purchase with $5,400/mo rent. Total monthly income registers $5,400/mo, and a $3,230/mo payment leaves $993/mo available for distribution. Annual cash flow reaches $11,916/yr on $217,140 to close, and return on cash invested stands at 25.55% in year one. Equity gained on principal adds $4,259/yr while 5% annual appreciation supports $182,346 over five years. Portfolio math shows five-year ROI at 133.69% and total cumulative return in cash at $290,289. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,400/mo property income against a $3,230/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10913, Blauvelt, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,654 (100%) |
| Owner Occupied HU | 1,447 (87.5%) |
| Renter Occupied HU | 122 ( 7.4%) |
| Vacant Housing Units | 85 ( 5.1%) |
| Median Home Value | $688,538 |
| Average Home Value | $753,649 |
Housing Distribution
Address Breakdown
Residential
1,623
Single Family
1,623
Multi-Family
0
Businesses
250
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