205 Flair Court ESaint JamesNY11780
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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
Rental property for sale in Saint James at 205 Flair Court E, Saint James, NY, 11780 offers $4,264/mo rent that, after a $3,206/mo payment. Total monthly income is $4,264/mo. Return on cash invested measures 17.1% in year one, and rental yield stands at 7.81% at a $655,000 entry. Equity gained on principal adds $4,227/yr while 5% annual appreciation compounds into $180,964 by year five. Five-year ROI records 89.25% and total cumulative return in cash reaches $192,335. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,264/mo property income versus a $3,206/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1976
436 sqft lot
$N/A/sqft
$421 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11780, Saint James, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,698 (100%) |
| Owner Occupied HU | 4,802 (84.3%) |
| Renter Occupied HU | 607 (10.7%) |
| Vacant Housing Units | 289 ( 5.1%) |
| Median Home Value | $732,275 |
| Average Home Value | $822,409 |
Housing Distribution
Address Breakdown
Residential
5,593
Single Family
5,585
Multi-Family
8
Businesses
619
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Listed by: Rowena L. Nedvin • Signature Premier Properties
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #885580
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