991 Deans Mill RoadRavenaNY12143
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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 Ravena at 991 Deans Mill Road, Ravena, NY, 12143 listed at $585,000 pairs $4,403/mo rent with a $2,863/mo payment to leave $497/mo cash flow. Total monthly income runs $4,403/mo, and annual cash flow reaches $5,961/yr on $192,465 cash to close. Return on cash invested measures 23.16% in year one, and rental yield registers 9.03% at a $585,000 basis. Equity gained on principal adds $3,775/yr, and annual property appreciation at 5% supports $161,625 by year five. Five-year ROI tracks 120.88% and total cumulative return in cash totals $232,650. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,403/mo property income relative to a $2,863/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1990
5.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12143, Ravena, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,458 (100%) |
| Owner Occupied HU | 1,428 (58.1%) |
| Renter Occupied HU | 794 (32.3%) |
| Vacant Housing Units | 236 ( 9.6%) |
| Median Home Value | $243,671 |
| Average Home Value | $294,622 |
Housing Distribution
Address Breakdown
Residential
2,190
Single Family
1,847
Multi-Family
343
Businesses
155
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Listed by: Alvis Milligan • Vera Cohen Realty, LLC
Mls Name: Global MLS
Mls Provider:
Mls ID: #202422780
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Judy Moriarty, Zillow, Inc., Corp. Broker