65 Hickory LaneBedfordNY10506
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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 Bedford at 65 Hickory Lane, Bedford, NY, 10506 priced at $1,425,000 pairs $5,059/mo rent with after a $6,975/mo payment. Total monthly income equals $5,059/mo. Return on cash invested is 8.79% in year one, and rental yield stands at 4.26% on a $1,425,000 basis. Equity gained on principal adds $9,195/yr, and 5% annual appreciation accumulates to $393,701 by year five. Five-year ROI measures 43.74% and total cumulative return in cash reaches $201,968. For financing, Ziffy Mortgage’s DSCR program evaluates $5,059/mo property income against a $6,975/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1948
1.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10506, Bedford, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,154 (100%) |
| Owner Occupied HU | 1,713 (79.5%) |
| Renter Occupied HU | 204 ( 9.5%) |
| Vacant Housing Units | 237 (11.0%) |
| Median Home Value | $1,235,841 |
| Average Home Value | $1,327,998 |
Housing Distribution
Address Breakdown
Residential
2,027
Single Family
2,027
Multi-Family
0
Businesses
256
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