18 Lakeview RoadCarmelNY10512
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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 18 Lakeview Road, Carmel, NY, 10512 earns $2,560/mo cash flow from $6,900/mo rent with a $3,181/mo payment. Total monthly income totals $6,900/mo, and annual cash flow totals $30,718/yr on $213,850 capital. ROI tracks 34.42% on current figures, and rental yield reads 12.74% at a $650,000 purchase. Equity gained on principal adds $4,194/yr, and 5% annual appreciation supports $179,583 over five years. Five-year ROI reaches 181.28% and total cumulative return in cash sums $387,674. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,900/mo property income instead of your personal income.
Multi Family
Built in 1947
1.59 Acres 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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