74 E Ridge RoadWarwickNY10990
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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 Warwick at 74 E Ridge Road, Warwick, NY, 10990 offers a 6.86% rental yield on a $500,000 purchase with $2,860/mo rent. 44% in year one. Equity gained on principal adds $3,226/yr while 5% annual appreciation supports $138,141 over five years. Portfolio math shows five-year ROI at 84.91% and total cumulative return in cash at $140,744. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,860/mo property income against a $2,447/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
4.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10990, Warwick, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,263 (100%) |
| Owner Occupied HU | 6,045 (73.2%) |
| Renter Occupied HU | 1,736 (21.0%) |
| Vacant Housing Units | 482 ( 5.8%) |
| Median Home Value | $563,507 |
| Average Home Value | $600,242 |
Housing Distribution
Address Breakdown
Residential
7,919
Single Family
7,519
Multi-Family
400
Businesses
681
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Nearby investment properties with comparable prices
Listed by: Anna Aronsen • ARC Realty 1 in Sales
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #874317
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