9 Rakentine LaneGarnervilleNY10923
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 Garnerville at 9 Rakentine Lane, Garnerville, NY, 10923 at $579,000 posts ROI 31.23% with $1,773/mo cash flow from $5,640/mo rent. Total monthly income equals $5,640/mo, and annual cash flow records $21,281/yr on $190,491 to close. Return on cash invested measures 31.23% and rental yield reads 11.69% at the current $579,000. Equity gained on principal adds $3,736/yr, and 5% annual appreciation supports $159,967 by year five. Five-year ROI prints 164.18% and total cumulative return in cash totals $312,751.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,640/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1996
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10923, Garnerville, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,277 (100%) |
| Owner Occupied HU | 2,048 (62.5%) |
| Renter Occupied HU | 1,123 (34.3%) |
| Vacant Housing Units | 106 ( 3.2%) |
| Median Home Value | $480,385 |
| Average Home Value | $514,423 |
Housing Distribution
Address Breakdown
Residential
2,993
Single Family
2,305
Multi-Family
688
Businesses
182
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Listed by: Susan Bova • Coldwell Banker Realty
Mls Name: OneKey MLS
Mls ID: #951784