94 Sally LaneRidgeNY11961
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 Ridge at 94 Sally Lane, Ridge, NY, 11961 offers a 4.13% rental yield on a $768,000 purchase with $2,640/mo rent. 24% in year one. Equity gained on principal adds $4,956/yr while 5% annual appreciation supports $212,184 over five years. Portfolio math shows five-year ROI at 40.89% and total cumulative return in cash at $103,313. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,640/mo property income against a $3,759/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11961, Ridge, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,306 (100%) |
| Owner Occupied HU | 5,011 (79.5%) |
| Renter Occupied HU | 795 (12.6%) |
| Vacant Housing Units | 500 ( 7.9%) |
| Median Home Value | $515,000 |
| Average Home Value | $519,172 |
Housing Distribution
Address Breakdown
Residential
6,167
Single Family
6,167
Multi-Family
0
Businesses
170
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices