1 Grant CtHighland MillsNY10930
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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
Rental property for sale in Highland Mills at 1 Grant Ct, Highland Mills, NY, 10930 offers $4,320/mo rent that, after a $2,740/mo payment, leaves $582/mo cash flow. Total monthly income is $4,320/mo, and annual cash flow is $6,978/yr on $184,203 cash. Return on cash invested measures 23.85% in year one, and rental yield stands at 9.26% at a $559,888 entry. Equity gained on principal adds $3,613/yr while 5% annual appreciation compounds into $154,687 by year five. Five-year ROI records 124.59% and total cumulative return in cash reaches $229,494. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,320/mo property income versus a $2,740/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10930, Highland Mills, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,928 (100%) |
| Owner Occupied HU | 2,816 (71.7%) |
| Renter Occupied HU | 722 (18.4%) |
| Vacant Housing Units | 390 ( 9.9%) |
| Median Home Value | $473,950 |
| Average Home Value | $524,782 |
Housing Distribution
Address Breakdown
Residential
2,992
Single Family
2,992
Multi-Family
0
Businesses
118
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Listed by: Joseph V. Lombardo • Lombardo Homes & Estates
Mls Name: NYSAMLSs
Mls ID: #R1652019