164 Chestnut StreetMount SinaiNY11766
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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 Mount Sinai at 164 Chestnut Street, Mount Sinai, NY, 11766 listed at $830,000 pairs $5,832/mo rent with a $4,062/mo payment to leave $290/mo cash flow. Total monthly income runs $5,832/mo, and annual cash flow reaches $3,478/yr on $273,070 cash to close. Return on cash invested measures 21.33% in year one, and rental yield registers 8.43% at a $830,000 basis. Equity gained on principal adds $5,356/yr, and annual property appreciation at 5% supports $229,314 by year five. Five-year ROI tracks 111.09% and total cumulative return in cash totals $303,342. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,832/mo property income relative to a $4,062/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2021
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11766, Mount Sinai, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,697 (100%) |
| Owner Occupied HU | 4,185 (89.1%) |
| Renter Occupied HU | 276 ( 5.9%) |
| Vacant Housing Units | 236 ( 5.0%) |
| Median Home Value | $694,368 |
| Average Home Value | $743,371 |
Housing Distribution
Address Breakdown
Residential
4,505
Single Family
3,902
Multi-Family
603
Businesses
393
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Listed by: Sofia E. Holzhauser • Douglas Elliman Real Estate
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #908535