7 Morrow CourtWaldenNY12586
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 Walden at 7 Morrow Court, Walden, NY, 12586 offers $2,070/mo rent that, after a $4,086/mo payment. Total monthly income is $2,070/mo. Return on cash invested measures 4.75% in year one, and rental yield stands at 2.98% at a $834,900 entry. Equity gained on principal adds $5,387/yr while 5% annual appreciation compounds into $230,667 by year five. Five-year ROI records 22.16% and total cumulative return in cash reaches $60,873. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,070/mo property income versus a $4,086/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
5.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12586, Walden, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,008 (100%) |
| Owner Occupied HU | 3,316 (66.2%) |
| Renter Occupied HU | 1,333 (26.6%) |
| Vacant Housing Units | 359 ( 7.2%) |
| Median Home Value | $390,632 |
| Average Home Value | $451,604 |
Housing Distribution
Address Breakdown
Residential
4,816
Single Family
4,404
Multi-Family
412
Businesses
307
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