7 Tulip LnSuffernNY10901
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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 Suffern at 7 Tulip Ln, Suffern, NY, 10901 priced at $789,000 converts $4,558/mo rent into after a $3,862/mo obligation. Total monthly income equals $4,558/mo. Return on cash invested prints 16.77% in year one, and rental yield reads 6.93% against a $789,000 entry. Equity gained on principal adds $5,091/yr, while 5% annual appreciation compiles into $217,986 by year five. Five-year ROI reaches 86.64% and total cumulative return in cash sums $224,890. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,558/mo property income covering a $3,862/mo payment, not borrower’s personal income.
Single Family
Built in 1960
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10901, Suffern, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,701 (100%) |
| Owner Occupied HU | 6,227 (64.2%) |
| Renter Occupied HU | 2,862 (29.5%) |
| Vacant Housing Units | 612 ( 6.3%) |
| Median Home Value | $588,681 |
| Average Home Value | $658,904 |
Housing Distribution
Address Breakdown
Residential
9,407
Single Family
7,478
Multi-Family
1,929
Businesses
861
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