2 Drury LaneDelmarNY12054
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
Investment property for sale in Delmar at 2 Drury Lane, Delmar, NY, 12054 at $338,700 posts ROI 21.62% with $160/mo cash flow from $2,422/mo rent. Total monthly income equals $2,422/mo, and annual cash flow records $1,920/yr on $112,279 to close. Return on cash invested measures 21.62% and rental yield reads 8.58% at the current $338,700. Equity gained on principal adds $2,186/yr, and 5% annual appreciation supports $93,577 by year five. Five-year ROI prints 112.64% and total cumulative return in cash totals $126,474.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,422/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12054, Delmar, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,569 (100%) |
| Owner Occupied HU | 5,376 (71.0%) |
| Renter Occupied HU | 1,838 (24.3%) |
| Vacant Housing Units | 355 ( 4.7%) |
| Median Home Value | $373,707 |
| Average Home Value | $399,553 |
Housing Distribution
Address Breakdown
Residential
7,525
Single Family
7,137
Multi-Family
388
Businesses
478
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices