77 Contempra CirTappanNY10983
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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 Tappan at 77 Contempra Cir, Tappan, NY, 10983 priced at $476,274 converts $4,144/mo rent into $964/mo cash flow after a $2,331/mo obligation. Total monthly income equals $4,144/mo, and annual cash flow totals $11,564/yr on $157,885 invested. Return on cash invested prints 27.23% in year one, and rental yield reads 10.44% against a $476,274 entry. Equity gained on principal adds $3,073/yr, while 5% annual appreciation compiles into $131,586 by year five. Five-year ROI reaches 142.76% and total cumulative return in cash sums $225,395. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,144/mo property income covering a $2,331/mo payment, not borrower’s personal income.
Single Family
Built in 1985
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10983, Tappan, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,070 (100%) |
| Owner Occupied HU | 1,799 (86.9%) |
| Renter Occupied HU | 193 ( 9.3%) |
| Vacant Housing Units | 78 ( 3.8%) |
| Median Home Value | $665,829 |
| Average Home Value | $688,117 |
Housing Distribution
Address Breakdown
Residential
2,000
Single Family
2,000
Multi-Family
0
Businesses
227
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