14 Cottage DrCarmelNY10512
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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 Carmel at 14 Cottage Dr, Carmel, NY, 10512 earns from $3,000/mo rent with a $4,826/mo payment. Total monthly income totals $3,000/mo. ROI tracks 6.8% on current figures, and rental yield reads 3.65% at a $985,995 purchase. Equity gained on principal adds $6,362/yr, and 5% annual appreciation supports $272,412 over five years. Five-year ROI reaches 33.16% and total cumulative return in cash sums $107,579. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,000/mo property income instead of your personal income.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10512, Carmel, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,096 (100%) |
| Owner Occupied HU | 7,530 (74.6%) |
| Renter Occupied HU | 1,797 (17.8%) |
| Vacant Housing Units | 769 ( 7.6%) |
| Median Home Value | $461,515 |
| Average Home Value | $513,780 |
Housing Distribution
Address Breakdown
Residential
10,012
Single Family
9,412
Multi-Family
600
Businesses
711
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