681 Sherman AvenueThornwoodNY10594
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
Investment property for sale in Thornwood at 681 Sherman Avenue, Thornwood, NY, 10594 offers a 7.21% rental yield on a $449,000 purchase with $2,698/mo rent. 48% in year one. Equity gained on principal adds $2,897/yr while 5% annual appreciation supports $124,050 over five years. Portfolio math shows five-year ROI at 90.49% and total cumulative return in cash at $134,692. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,698/mo property income against a $2,198/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1915
10,019 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10594, Thornwood, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,731 (100%) |
| Owner Occupied HU | 1,386 (80.1%) |
| Renter Occupied HU | 292 (16.9%) |
| Vacant Housing Units | 53 ( 3.1%) |
| Median Home Value | $738,772 |
| Average Home Value | $834,657 |
Housing Distribution
Address Breakdown
Residential
1,628
Single Family
1,566
Multi-Family
62
Businesses
309
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices