82 Demarest Avenue #15West NyackNY10994
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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
Investment property for sale in West Nyack at 82 Demarest Avenue #15, West Nyack, NY, 10994 with 5% annual appreciation on a $339,000 basis while $2,520/mo rent supports operations. Total monthly income totals $2,520/mo and a $1,659/mo payment preserves $256/mo for cash returns. Annual cash flow comes to $3,077/yr on $112,379 deployed, and return on cash invested reaches 22.65% in year one. Equity gained on principal adds $2,188/yr, and five-year appreciation sums $93,659 alongside rental yield of 8.92%. Five-year ROI measures 118.18% and total cumulative return in cash totals $132,808.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,520/mo property income versus a $1,659/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1967
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10994, West Nyack, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,389 (100%) |
| Owner Occupied HU | 2,016 (84.4%) |
| Renter Occupied HU | 278 (11.6%) |
| Vacant Housing Units | 95 ( 4.0%) |
| Median Home Value | $677,004 |
| Average Home Value | $752,844 |
Housing Distribution
Address Breakdown
Residential
2,469
Single Family
2,446
Multi-Family
23
Businesses
667
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Listed by: Jian C. Gonzalez Burgos • RE/MAX Opulent
Mls Name: OneKey MLS
Mls ID: #862699