1718 E Main StreetMohegan LakeNY10547
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
Rental property for sale in Mohegan Lake at 1718 E Main Street, Mohegan Lake, NY, 10547 generates $2,400/mo in rent, after a $2,814/mo payment. Total monthly income is $2,400/mo. Return on cash invested sits at 10.93% in year one, and rental yield is 5.01% on a $575,000 entry. Equity gained on principal adds $3,710/yr, while 5% annual appreciation builds toward $158,862 over five years. Five-year ROI reaches 55.31% and total cumulative return in cash sums $104,627. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,400/mo property income rather than buyer’s personal income.
Single Family
Built in 1963
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10547, Mohegan Lake, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,748 (100%) |
| Owner Occupied HU | 1,989 (72.4%) |
| Renter Occupied HU | 551 (20.1%) |
| Vacant Housing Units | 208 ( 7.6%) |
| Median Home Value | $560,595 |
| Average Home Value | $579,570 |
Housing Distribution
Address Breakdown
Residential
2,646
Single Family
2,591
Multi-Family
55
Businesses
291
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Wilson Alcantara Alcantara • eXp Realty
Mls Name: OneKey MLS
Mls ID: #957204