1 Tulip CtHighland MillsNY10930
Nearby investment properties with comparable rents
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 Tulip Ct, Highland Mills, NY, 10930 offers $876/mo rent that, after a $558/mo payment, leaves $115/mo cash flow. Total monthly income is $876/mo, and annual cash flow is $1,376/yr on $37,791 cash. Return on cash invested measures 23.55% in year one, and rental yield stands at 9.22% at a $114,000 entry. Equity gained on principal adds $736/yr while 5% annual appreciation compounds into $31,496 by year five. Five-year ROI records 123.03% and total cumulative return in cash reaches $46,495. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $876/mo property income versus a $558/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1980
N/A 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
Nearby investment properties with comparable rents
Listed by: Mary Hovanec • ELLIOTT AND POMEROY INC
Mls Name: NY State MLS
Mls ID: #11380469