143 Harbor RoadCold Spring HarborNY11724
Nearby investment properties with comparable rents
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
Investment property for sale in Cold Spring Harbor at 143 Harbor Road, Cold Spring Harbor, NY, 11724 uses $233,590 cash to close to unlock $19,786/yr annual cash flow and $1,649/mo monthly cash flow. Total monthly income runs $6,390/mo, and a $3,475/mo payment keeps the spread at $1,649/mo. Purchase price stands at $710,000, and rental yield measures 10.8% with $6,390/mo rent. Return on cash invested shows 28.53% in year one, and 5% annual appreciation builds toward $196,160 over five years. Five-year ROI reaches 149.69% and total cumulative return in cash records $349,655. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,390/mo property income covering a $3,475/mo payment rather than investor’s personal income.
Single Family
Built in 1933
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11724, Cold Spring Harbor, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,027 (100%) |
| Owner Occupied HU | 897 (87.3%) |
| Renter Occupied HU | 79 ( 7.7%) |
| Vacant Housing Units | 51 ( 5.0%) |
| Median Home Value | $1,376,984 |
| Average Home Value | $1,451,187 |
Housing Distribution
Address Breakdown
Residential
1,052
Single Family
1,052
Multi-Family
0
Businesses
170
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Todd A. Yovino • Island Advantage Realty LLC
Mls Name: OneKey MLS
Mls ID: #879970