19 Palsgraf CtElka ParkNY12427
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 Elka Park at 19 Palsgraf Ct, Elka Park, NY, 12427 offers $7,106/mo rent that, after a $5,191/mo payment, leaves $24/mo cash flow. Total monthly income is $7,106/mo, and annual cash flow is $283/yr on $343,634 cash. Return on cash invested measures 20.45% in year one, and rental yield stands at 8.04% at a $1,060,600 entry. Equity gained on principal adds $6,844/yr while 5% annual appreciation compounds into $293,024 by year five. Five-year ROI records 106.32% and total cumulative return in cash reaches $365,337. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $7,106/mo property income versus a $5,191/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2015
2.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12427, Elka Park, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 474 (100%) |
| Owner Occupied HU | 147 (31.0%) |
| Renter Occupied HU | 69 (14.6%) |
| Vacant Housing Units | 258 (54.4%) |
| Median Home Value | $280,833 |
| Average Home Value | $368,333 |
Housing Distribution
Address Breakdown
Residential
85
Single Family
85
Multi-Family
0
Businesses
10
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