657 Jersey AvenueGreenwood LakeNY10925
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
Investment Highlights
Rental property for sale in Greenwood Lake at 657 Jersey Avenue, Greenwood Lake, NY, 10925 offers $1,516/mo rent that, after a $4,160/mo payment. Total monthly income is $1,516/mo. Return on cash invested measures 2.21% in year one, and rental yield stands at 2.14% at a $850,000 entry. Equity gained on principal adds $5,485/yr while 5% annual appreciation compounds into $234,839 by year five. Five-year ROI records 8.56% and total cumulative return in cash reaches $23,926. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,516/mo property income versus a $4,160/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1945
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10925, Greenwood Lake, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,479 (100%) |
| Owner Occupied HU | 1,514 (61.1%) |
| Renter Occupied HU | 477 (19.2%) |
| Vacant Housing Units | 488 (19.7%) |
| Median Home Value | $477,922 |
| Average Home Value | $586,567 |
Housing Distribution
Address Breakdown
Residential
1,778
Single Family
1,775
Multi-Family
3
Businesses
136
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Scott Mazzella • Our House Real Estate Group
Mls Name: OneKey MLS
Mls ID: #931243