204 Ruby CourtHighland MillsNY10930
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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 Highland Mills at 204 Ruby Court, Highland Mills, NY, 10930 uses $104,389 cash to close to unlock $3,569/yr annual cash flow and $297/mo monthly cash flow. Total monthly income runs $2,400/mo, and a $1,541/mo payment keeps the spread at $297/mo. Purchase price stands at $314,900, and rental yield measures 9.15% with $2,400/mo rent. Return on cash invested shows 23.33% in year one, and 5% annual appreciation builds toward $87,001 over five years. Five-year ROI reaches 121.84% and total cumulative return in cash records $127,186. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,400/mo property income covering a $1,541/mo payment rather than investor’s personal income.
Condo
Built in 1990
436 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10930, Highland Mills, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,928 (100%) |
| Owner Occupied HU | 2,816 (71.7%) |
| Renter Occupied HU | 722 (18.4%) |
| Vacant Housing Units | 390 ( 9.9%) |
| Median Home Value | $473,950 |
| Average Home Value | $524,782 |
Housing Distribution
Address Breakdown
Residential
2,992
Single Family
2,992
Multi-Family
0
Businesses
118
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Listed by: Rosalie W Cook • Weichert Realtors
Mls Name: OneKey MLS
Mls ID: #931114