702 Kennedy DriveSpring ValleyNY10977
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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 Spring Valley at 702 Kennedy Drive, Spring Valley, NY, 10977 priced at $344,999 converts $1,890/mo rent into after a $1,689/mo obligation. Total monthly income equals $1,890/mo. Return on cash invested prints 15.56% in year one, and rental yield reads 6.57% against a $344,999 entry. Equity gained on principal adds $2,226/yr, while 5% annual appreciation compiles into $95,317 by year five. Five-year ROI reaches 80.18% and total cumulative return in cash sums $91,696. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,890/mo property income covering a $1,689/mo payment, not borrower’s personal income.
Condo
Built in 1985
436 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Leah R Ungar • eRealty Advisors, Inc
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #H6327215
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