8 Manitou RoadGarrisonNY10524
Nearby investment properties with comparable rents
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 Garrison at 8 Manitou Road, Garrison, NY, 10524 listed at $988,000 pairs $8,394/mo rent with a $4,836/mo payment to leave $1,796/mo cash flow. Total monthly income runs $8,394/mo, and annual cash flow reaches $21,553/yr on $325,052 cash to close. Return on cash invested measures 26.69% in year one, and rental yield registers 10.2% at a $988,000 basis. Equity gained on principal adds $6,375/yr, and annual property appreciation at 5% supports $272,966 by year five. Five-year ROI tracks 139.83% and total cumulative return in cash totals $454,528. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $8,394/mo property income relative to a $4,836/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1880
4.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10524, Garrison, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,903 (100%) |
| Owner Occupied HU | 1,442 (75.8%) |
| Renter Occupied HU | 215 (11.3%) |
| Vacant Housing Units | 246 (12.9%) |
| Median Home Value | $625,342 |
| Average Home Value | $804,806 |
Housing Distribution
Address Breakdown
Residential
1,528
Single Family
1,528
Multi-Family
0
Businesses
128
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices