750 Ridgebury RoadSlate HillNY10973
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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 Slate Hill at 750 Ridgebury Road, Slate Hill, NY, 10973 priced at $769,900 converts $2,040/mo rent into after a $3,768/mo obligation. Total monthly income equals $2,040/mo. Return on cash invested prints 5.37% in year one, and rental yield reads 3.18% against a $769,900 entry. Equity gained on principal adds $4,968/yr, while 5% annual appreciation compiles into $212,709 by year five. Five-year ROI reaches 25.5% and total cumulative return in cash sums $64,585. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,040/mo property income covering a $3,768/mo payment, not borrower’s personal income.
Single Family
Built in 2026
1.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10973, Slate Hill, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 830 (100%) |
| Owner Occupied HU | 620 (74.7%) |
| Renter Occupied HU | 119 (14.3%) |
| Vacant Housing Units | 91 (11.0%) |
| Median Home Value | $475,000 |
| Average Home Value | $486,000 |
Housing Distribution
Address Breakdown
Residential
705
Single Family
705
Multi-Family
0
Businesses
96
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Listed by: Christopher M Ogden • Realty Promotions Inc
Mls Name: OneKey MLS
Mls ID: #921214