240 Stratmors RdEast MarionNY11939
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 East Marion at 240 Stratmors Rd, East Marion, NY, 11939 listed at $925,000 pairs $7,021/mo rent with a $4,527/mo payment to leave $844/mo cash flow. Total monthly income runs $7,021/mo, and annual cash flow reaches $10,133/yr on $304,325 cash to close. Return on cash invested measures 23.39% in year one, and rental yield registers 9.11% at a $925,000 basis. Equity gained on principal adds $5,969/yr, and annual property appreciation at 5% supports $255,560 by year five. Five-year ROI tracks 122.12% and total cumulative return in cash totals $371,653. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $7,021/mo property income relative to a $4,527/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1964
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11939, East Marion, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 942 (100%) |
| Owner Occupied HU | 414 (43.9%) |
| Renter Occupied HU | 75 ( 8.0%) |
| Vacant Housing Units | 453 (48.1%) |
| Median Home Value | $867,925 |
| Average Home Value | $982,500 |
Housing Distribution
Address Breakdown
Residential
562
Single Family
562
Multi-Family
0
Businesses
43
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rita Rooney - Real Estate Sales Person • Douglas Elliman Real Estate
Mls Name: Out East
Mls ID: #379113