116 Elm AvenueDelmarNY12054
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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 Delmar at 116 Elm Avenue, Delmar, NY, 12054 priced at $819,900 converts $5,542/mo rent into $67/mo cash flow after a $4,013/mo obligation. Total monthly income equals $5,542/mo, and annual cash flow totals $802/yr on $269,747 invested. Return on cash invested prints 20.36% in year one, and rental yield reads 8.11% against a $819,900 entry. Equity gained on principal adds $5,291/yr, while 5% annual appreciation compiles into $226,523 by year five. Five-year ROI reaches 105.86% and total cumulative return in cash sums $285,555. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,542/mo property income covering a $4,013/mo payment, not borrower’s personal income.
Single Family
Built in 2010
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12054, Delmar, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,569 (100%) |
| Owner Occupied HU | 5,376 (71.0%) |
| Renter Occupied HU | 1,838 (24.3%) |
| Vacant Housing Units | 355 ( 4.7%) |
| Median Home Value | $373,707 |
| Average Home Value | $399,553 |
Housing Distribution
Address Breakdown
Residential
7,525
Single Family
7,137
Multi-Family
388
Businesses
478
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