8 Leeward Ln #133Stony PointNY10980
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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 Stony Point at 8 Leeward Ln #133, Stony Point, NY, 10980 offers $1,116/mo rent that, after a $673/mo payment, leaves $198/mo cash flow. Total monthly income is $1,116/mo, and annual cash flow is $2,373/yr on $45,581 cash. Return on cash invested measures 25.12% in year one, and rental yield stands at 9.74% at a $137,500 entry. Equity gained on principal adds $887/yr while 5% annual appreciation compounds into $37,989 by year five. Five-year ROI records 131.41% and total cumulative return in cash reaches $59,897. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,116/mo property income versus a $673/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2022
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10980, Stony Point, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,896 (100%) |
| Owner Occupied HU | 3,846 (78.6%) |
| Renter Occupied HU | 831 (17.0%) |
| Vacant Housing Units | 219 ( 4.5%) |
| Median Home Value | $581,579 |
| Average Home Value | $631,402 |
Housing Distribution
Address Breakdown
Residential
4,794
Single Family
4,712
Multi-Family
82
Businesses
299
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Listed by: N/A • RHP Properties
Mls Name: RHP Properties
Mls ID: #N/A