8 Lawrence LaneGoshenNY10924
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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
Rental property for sale in Goshen at 8 Lawrence Lane, Goshen, NY, 10924 offers $3,474/mo rent that, after a $1,958/mo payment, leaves $803/mo cash flow. Total monthly income is $3,474/mo, and annual cash flow is $9,632/yr on $132,600 cash. Return on cash invested measures 27.17% in year one, and rental yield stands at 10.42% at a $400,000 entry. Equity gained on principal adds $2,581/yr while 5% annual appreciation compounds into $110,513 by year five. Five-year ROI records 142.44% and total cumulative return in cash reaches $188,872. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,474/mo property income versus a $1,958/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1921
1.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10924, Goshen, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,427 (100%) |
| Owner Occupied HU | 3,621 (66.7%) |
| Renter Occupied HU | 1,392 (25.6%) |
| Vacant Housing Units | 414 ( 7.6%) |
| Median Home Value | $502,427 |
| Average Home Value | $557,297 |
Housing Distribution
Address Breakdown
Residential
4,871
Single Family
4,451
Multi-Family
420
Businesses
715
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