102 Elon CtNew CityNY10956
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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
Investment property for sale in New City at 102 Elon Ct, New City, NY, 10956 listed at $902,500 pairs $7,044/mo rent with a $4,417/mo payment to leave $1,018/mo cash flow. Total monthly income runs $7,044/mo, and annual cash flow reaches $12,210/yr on $296,923 cash to close. Return on cash invested measures 24.17% in year one, and rental yield registers 9.37% at a $902,500 basis. Equity gained on principal adds $5,824/yr, and annual property appreciation at 5% supports $249,344 by year five. Five-year ROI tracks 126.32% and total cumulative return in cash totals $375,076. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $7,044/mo property income relative to a $4,417/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1987
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10956, New City, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,703 (100%) |
| Owner Occupied HU | 9,145 (85.4%) |
| Renter Occupied HU | 1,195 (11.2%) |
| Vacant Housing Units | 363 ( 3.4%) |
| Median Home Value | $677,493 |
| Average Home Value | $715,338 |
Housing Distribution
Address Breakdown
Residential
10,501
Single Family
10,229
Multi-Family
272
Businesses
1,136
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