Oakley Plan, Ridgebury EstatesSlate HillNY10973
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
Rental property for sale in Slate Hill at Oakley Plan, Ridgebury Estates, Slate Hill, NY, 10973 priced at $849,900 pairs $5,453/mo rent with after a $4,160/mo payment. Total monthly income equals $5,453/mo. Return on cash invested is 19.1% in year one, and rental yield stands at 7.7% on a $849,900 basis. Equity gained on principal adds $5,484/yr, and 5% annual appreciation accumulates to $234,812 by year five. Five-year ROI measures 99.14% and total cumulative return in cash reaches $277,226. For financing, Ziffy Mortgage’s DSCR program evaluates $5,453/mo property income against a $4,160/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2026
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Equity Homes NY II, Inc.
Mls Name: Equity Homes NY II, Inc.
Mls Provider:
Mls ID: #N/A