1204 Gotham Drive #1204Saint JamesNY11780
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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
Total monthly income runs $2,760/mo, and a $2,031/mo payment. Purchase price stands at $414,990, and rental yield measures 7.98% with $2,760/mo rent. Return on cash invested shows 17.54% in year one, and 5% annual appreciation builds toward $114,654 over five years. Five-year ROI reaches 91.62% and total cumulative return in cash records $126,042. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,760/mo property income covering a $2,031/mo payment rather than investor’s personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
$260 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11780, Saint James, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,698 (100%) |
| Owner Occupied HU | 4,802 (84.3%) |
| Renter Occupied HU | 607 (10.7%) |
| Vacant Housing Units | 289 ( 5.1%) |
| Median Home Value | $732,275 |
| Average Home Value | $822,409 |
Housing Distribution
Address Breakdown
Residential
5,593
Single Family
5,585
Multi-Family
8
Businesses
619
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Listed by: Rowena L. Nedvin • Signature Premier Properties
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #871909
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