61 Oakland AveTuckahoeNY10707
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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 Tuckahoe at 61 Oakland Ave, Tuckahoe, NY, 10707 offers $10,037/mo rent that, after a $4,645/mo payment, leaves $3,700/mo cash flow. Total monthly income is $10,037/mo, and annual cash flow is $44,395/yr on $312,221 cash. Return on cash invested measures 34.28% in year one, and rental yield stands at 12.69% at a $949,000 entry. Equity gained on principal adds $6,124/yr while 5% annual appreciation compounds into $262,191 by year five. Five-year ROI records 180.51% and total cumulative return in cash reaches $563,604. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $10,037/mo property income versus a $4,645/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
4,792 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10707, Tuckahoe, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,682 (100%) |
| Owner Occupied HU | 2,483 (53.0%) |
| Renter Occupied HU | 1,850 (39.5%) |
| Vacant Housing Units | 349 ( 7.5%) |
| Median Home Value | $798,592 |
| Average Home Value | $795,943 |
Housing Distribution
Address Breakdown
Residential
4,202
Single Family
2,471
Multi-Family
1,731
Businesses
354
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