10 WelbournCoramNY11727
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 Coram at 10 Welbourn, Coram, NY, 11727 priced at $549,999 converts $3,245/mo rent into after a $2,692/mo obligation. Total monthly income equals $3,245/mo. Return on cash invested prints 17.22% in year one, and rental yield reads 7.08% against a $549,999 entry. Equity gained on principal adds $3,549/yr, while 5% annual appreciation compiles into $151,955 by year five. Five-year ROI reaches 89.08% and total cumulative return in cash sums $161,181. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,245/mo property income covering a $2,692/mo payment, not borrower’s personal income.
Single Family
Built in 1970
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11727, Coram, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,281 (100%) |
| Owner Occupied HU | 7,258 (59.1%) |
| Renter Occupied HU | 4,298 (35.0%) |
| Vacant Housing Units | 725 ( 5.9%) |
| Median Home Value | $479,829 |
| Average Home Value | $495,134 |
Housing Distribution
Address Breakdown
Residential
11,306
Single Family
11,306
Multi-Family
0
Businesses
448
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices