98 Smith Ridge RdNew YorkNY10590
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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 New York at 98 Smith Ridge Rd, New York, NY, 10590 at $779,900 posts ROI 38.65% with $3,974/mo cash flow from $9,182/mo rent. Total monthly income equals $9,182/mo, and annual cash flow records $47,690/yr on $256,587 to close. Return on cash invested measures 38.65% and rental yield reads 14.13% at the current $779,900. Equity gained on principal adds $5,033/yr, and 5% annual appreciation supports $215,472 by year five. Five-year ROI prints 203.94% and total cumulative return in cash totals $523,293.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $9,182/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1987
2.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10590, South Salem, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,521 (100%) |
| Owner Occupied HU | 2,053 (81.4%) |
| Renter Occupied HU | 211 ( 8.4%) |
| Vacant Housing Units | 257 (10.2%) |
| Median Home Value | $829,944 |
| Average Home Value | $919,282 |
Housing Distribution
Address Breakdown
Residential
2,502
Single Family
2,502
Multi-Family
0
Businesses
167
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