127 Wedgewood DrCoramNY11727
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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 Coram at 127 Wedgewood Dr, Coram, NY, 11727 with 5% annual appreciation on a $618,100 basis while $5,407/mo rent supports operations. Total monthly income totals $5,407/mo and a $3,025/mo payment preserves $1,280/mo for cash returns. Annual cash flow comes to $15,357/yr on $203,355 deployed, and return on cash invested reaches 27.61% in year one. Equity gained on principal adds $3,989/yr, and five-year appreciation sums $170,770 alongside rental yield of 10.5%. Five-year ROI measures 144.76% and total cumulative return in cash totals $294,378.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,407/mo property income versus a $3,025/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11727, Coram, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,281 (100%) |
| Owner Occupied HU | 7,258 (59.1%) |
| Renter Occupied HU | 4,298 (35.0%) |
| Vacant Housing Units | 725 ( 5.9%) |
| Median Home Value | $479,829 |
| Average Home Value | $495,134 |
Housing Distribution
Address Breakdown
Residential
11,306
Single Family
11,306
Multi-Family
0
Businesses
448
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