10967 203rd StSaint AlbansNY11412
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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 Saint Albans at 10967 203rd St, Saint Albans, NY, 11412 uses $116,025 cash to close to unlock $10,210/yr annual cash flow and $851/mo monthly cash flow. Total monthly income runs $3,188/mo, and a $1,713/mo payment keeps the spread at $851/mo. Purchase price stands at $350,000, and rental yield measures 10.93% with $3,188/mo rent. Return on cash invested shows 28.71% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 150.67% and total cumulative return in cash records $174,818. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,188/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 1925
3,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11412, Saint Albans, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,475 (100%) |
| Owner Occupied HU | 7,923 (63.5%) |
| Renter Occupied HU | 3,954 (31.7%) |
| Vacant Housing Units | 598 ( 4.8%) |
| Median Home Value | $636,295 |
| Average Home Value | $675,147 |
Housing Distribution
Address Breakdown
Residential
9,328
Single Family
9,008
Multi-Family
320
Businesses
713
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Listed by: Joshua Harris • JOSHUAS REALTY
Mls Name: NY State MLS
Mls ID: #11185681