1206 Gotham DriveSaint 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
Rental property for sale in Saint James at 1206 Gotham Drive, Saint James, NY, 11780 generates $4,080/mo in rent and, after a $2,813/mo payment, leaves $242/mo in cash flow. Total monthly income is $4,080/mo, and annual cash flow is $2,904/yr on $189,102 invested. Return on cash invested sits at 21.6% in year one, and rental yield is 8.52% on a $574,777 entry. Equity gained on principal adds $3,709/yr, while 5% annual appreciation builds toward $158,800 over five years. Five-year ROI reaches 112.5% and total cumulative return in cash sums $212,737. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,080/mo property income rather than buyer’s personal income.
Condo
Built in 1980
436 sqft lot
$N/A/sqft
No 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: Kathleen Metz CBR • Realty Connect USA LI Inc
Mls Name: OneKey MLS
Mls ID: #944933