64 Cedar LnWingdaleNY12594
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe headline number at 64 Cedar Ln, Wingdale, NY, 12594 in Wingdale is the 1.73 coverage ratio: rent of $975/mo versus a $562/mo debt payment on a $125,000 property. Rental yield 9.36%. That margin is what gives Ziffy Mortgage's DSCR loan the coverage it needs for a clean, fast approval, no W-2s, no U.S. residency. Appreciation at 5%/yr projects $34,535 by year five, with $1,151/yr in equity from paydown. Total projected cumulative return: $19,543.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 6.2% |
| Monthly Cash Flow | $(480) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $975 |
| Total Monthly Debt Service | $1,405 |
| DSCR Ratio | 0.69x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 2025
1.24 Acres lot
$N/A/sqft
$620 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12594, Wingdale, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,737 (100%) |
| Owner Occupied HU | 1,194 (68.7%) |
| Renter Occupied HU | 381 (21.9%) |
| Vacant Housing Units | 162 ( 9.3%) |
| Median Home Value | $382,620 |
| Average Home Value | $498,118 |
Housing Distribution
Address Breakdown
Residential
1,425
Single Family
1,425
Multi-Family
0
Businesses
102
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Manufactured
Built in 2025
1.24 Acres lot
$N/A/sqft
$620 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12594, Wingdale, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,737 (100%) |
| Owner Occupied HU | 1,194 (68.7%) |
| Renter Occupied HU | 381 (21.9%) |
| Vacant Housing Units | 162 ( 9.3%) |
| Median Home Value | $382,620 |
| Average Home Value | $498,118 |
Housing Distribution
Address Breakdown
Residential
1,425
Single Family
1,425
Multi-Family
0
Businesses
102
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices