10540 Academy LnRemsenNY13438
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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 Remsen at 10540 Academy Ln, Remsen, NY, 13438 offers a 9.5% rental yield on a $155,000 purchase with $1,227/mo rent. Total monthly income registers $1,227/mo, and a $759/mo payment leaves $192/mo available for distribution. Annual cash flow reaches $2,299/yr on $51,383 to close, and return on cash invested stands at 24.38% in year one. Equity gained on principal adds $1,000/yr while 5% annual appreciation supports $42,824 over five years. Portfolio math shows five-year ROI at 127.5% and total cumulative return in cash at $65,512. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,227/mo property income against a $759/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13438, Remsen, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,208 (100%) |
| Owner Occupied HU | 1,352 (61.2%) |
| Renter Occupied HU | 248 (11.2%) |
| Vacant Housing Units | 608 (27.5%) |
| Median Home Value | $245,759 |
| Average Home Value | $307,946 |
Housing Distribution
Address Breakdown
Residential
1,454
Single Family
1,454
Multi-Family
0
Businesses
47
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