2 Charlotte PlaceMonroeNY10950
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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 Monroe at 2 Charlotte Place, Monroe, NY, 10950 earns $565/mo cash flow from $4,037/mo rent with a $2,545/mo payment. Total monthly income totals $4,037/mo, and annual cash flow totals $6,776/yr on $171,080 capital. ROI tracks 24.02% on current figures, and rental yield reads 9.32% at a $520,000 purchase. Equity gained on principal adds $3,355/yr, and 5% annual appreciation supports $143,666 over five years. Five-year ROI reaches 125.51% and total cumulative return in cash sums $214,727. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,037/mo property income instead of your personal income.
Single Family
Built in 1952
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10950, Monroe, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,687 (100%) |
| Owner Occupied HU | 9,996 (56.5%) |
| Renter Occupied HU | 6,342 (35.9%) |
| Vacant Housing Units | 1,349 ( 7.6%) |
| Median Home Value | $515,468 |
| Average Home Value | $571,319 |
Housing Distribution
Address Breakdown
Residential
17,173
Single Family
16,553
Multi-Family
620
Businesses
880
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