10 Marchant DriveSaint JamesNY11780
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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 Saint James at 10 Marchant Drive, Saint James, NY, 11780 priced at $875,000 pairs $6,395/mo rent with $552/mo cash flow after a $4,283/mo payment. Total monthly income equals $6,395/mo, and annual cash flow comes to $6,619/yr on $287,875 invested. Return on cash invested is 22.36% in year one, and rental yield stands at 8.77% on a $875,000 basis. Equity gained on principal adds $5,646/yr, and 5% annual appreciation accumulates to $241,746 by year five. Five-year ROI measures 116.59% and total cumulative return in cash reaches $335,639. For financing, Ziffy Mortgage’s DSCR program evaluates $6,395/mo property income against a $4,283/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11780, Saint James, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,698 (100%) |
| Owner Occupied HU | 4,802 (84.3%) |
| Renter Occupied HU | 607 (10.7%) |
| Vacant Housing Units | 289 ( 5.1%) |
| Median Home Value | $732,275 |
| Average Home Value | $822,409 |
Housing Distribution
Address Breakdown
Residential
5,593
Single Family
5,585
Multi-Family
8
Businesses
619
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Listed by: Peter C. Grosso CBR • RE/MAX Integrity Leaders
Mls Name: OneKey MLS
Mls ID: #L3591496