8 Peach Lake DriveNorth SalemNY10560
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 8 Peach Lake Drive, North Salem, NY, 10560 in North Salem: $4,200/mo in rent, $2,531/mo net, 20.16% gross yield, all on a $250,000 acquisition. The 3.74 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $69,070 in value, and $2,303/yr in principal paydown steadily builds equity. Projected total cumulative return: $258,229.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 20.2% | 6.2% |
| Monthly Cash Flow | $2,531 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $4,200 |
| Total Monthly Debt Service | $1,570 |
| DSCR Ratio | 2.68x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1930
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10560, North Salem, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,929 (100%) |
| Owner Occupied HU | 1,361 (70.6%) |
| Renter Occupied HU | 319 (16.5%) |
| Vacant Housing Units | 249 (12.9%) |
| Median Home Value | $734,539 |
| Average Home Value | $887,667 |
Housing Distribution
Address Breakdown
Residential
1,673
Single Family
1,673
Multi-Family
0
Businesses
140
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
Single Family
Built in 1930
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10560, North Salem, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,929 (100%) |
| Owner Occupied HU | 1,361 (70.6%) |
| Renter Occupied HU | 319 (16.5%) |
| Vacant Housing Units | 249 (12.9%) |
| Median Home Value | $734,539 |
| Average Home Value | $887,667 |
Housing Distribution
Address Breakdown
Residential
1,673
Single Family
1,673
Multi-Family
0
Businesses
140
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Magdalena J. Konkola • Houlihan Lawrence Inc.
Mls Name: OneKey MLS
Mls ID: #860219