2075 Main RdLaurelNY11948
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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 Laurel at 2075 Main Rd, Laurel, NY, 11948 priced at $850,000 converts $5,960/mo rent into $284/mo cash flow after a $4,160/mo obligation. Total monthly income equals $5,960/mo, and annual cash flow totals $3,410/yr on $279,650 invested. Return on cash invested prints 21.28% in year one, and rental yield reads 8.41% against a $850,000 entry. Equity gained on principal adds $5,485/yr, while 5% annual appreciation compiles into $234,839 by year five. Five-year ROI reaches 110.82% and total cumulative return in cash sums $309,898. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,960/mo property income covering a $4,160/mo payment, not borrower’s personal income.
Single Family
Built in 1924
0.50 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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