Lot #12 Azalea LaneSlate HillNY10973
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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 Slate Hill at Lot #12 Azalea Lane, Slate Hill, NY, 10973 offers a 3.26% rental yield on a $749,900 purchase with $2,040/mo rent. 63% in year one. Equity gained on principal adds $4,839/yr while 5% annual appreciation supports $207,184 over five years. Portfolio math shows five-year ROI at 26.87% and total cumulative return in cash at $66,286. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,040/mo property income against a $3,670/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10973, Slate Hill, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 830 (100%) |
| Owner Occupied HU | 620 (74.7%) |
| Renter Occupied HU | 119 (14.3%) |
| Vacant Housing Units | 91 (11.0%) |
| Median Home Value | $475,000 |
| Average Home Value | $486,000 |
Housing Distribution
Address Breakdown
Residential
705
Single Family
705
Multi-Family
0
Businesses
96
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Nearby investment properties with comparable prices
Listed by: Christopher M Ogden • Realty Promotions Inc
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #910739
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