17 Club LaneRemsenburgNY11960
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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 Remsenburg at 17 Club Lane, Remsenburg, NY, 11960 listed at $989,000 pairs $27,000/mo rent with a $4,841/mo payment to leave $20,395/mo cash flow. Total monthly income runs $27,000/mo, and annual cash flow reaches $244,743/yr on $325,381 cash to close. Return on cash invested measures 95.28% in year one, and rental yield registers 32.76% at a $989,000 basis. Equity gained on principal adds $6,382/yr, and annual property appreciation at 5% supports $273,242 by year five. Five-year ROI tracks 507.62% and total cumulative return in cash totals $1,651,698. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $27,000/mo property income relative to a $4,841/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11960, Remsenburg, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,064 (100%) |
| Owner Occupied HU | 591 (55.5%) |
| Renter Occupied HU | 118 (11.1%) |
| Vacant Housing Units | 355 (33.4%) |
| Median Home Value | $1,150,240 |
| Average Home Value | $1,238,621 |
Housing Distribution
Address Breakdown
Residential
15
Single Family
15
Multi-Family
0
Businesses
45
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Listed by: Laurence Oxman • East End Commercial R E
Mls Name: OneKey MLS
Mls ID: #879150