2050 Main RdLaurelNY11948
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 Laurel at 2050 Main Rd, Laurel, NY, 11948 priced at $725,000 converts $9,383/mo rent into $4,541/mo cash flow after a $3,549/mo obligation. Total monthly income equals $9,383/mo, and annual cash flow totals $54,493/yr on $238,525 invested. Return on cash invested prints 42.91% in year one, and rental yield reads 15.53% against a $725,000 entry. Equity gained on principal adds $4,678/yr, while 5% annual appreciation compiles into $200,304 by year five. Five-year ROI reaches 226.79% and total cumulative return in cash sums $540,941. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $9,383/mo property income covering a $3,549/mo payment, not borrower’s personal income.
Single Family
Built in 1973
1.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11948, Laurel, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 629 (100%) |
| Owner Occupied HU | 355 (56.4%) |
| Renter Occupied HU | 78 (12.4%) |
| Vacant Housing Units | 196 (31.2%) |
| Median Home Value | $794,034 |
| Average Home Value | $977,113 |
Housing Distribution
Address Breakdown
Residential
470
Single Family
470
Multi-Family
0
Businesses
35
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