26 Rocky Point Cir APT G4InletNY13360
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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 Inlet at 26 Rocky Point Cir APT G4, Inlet, NY, 13360 offers $3,252/mo rent that, after a $3,793/mo payment. Total monthly income is $3,252/mo. Return on cash invested measures 11.01% in year one, and rental yield stands at 5.04% at a $774,900 entry. Equity gained on principal adds $5,000/yr while 5% annual appreciation compounds into $214,091 by year five. Five-year ROI records 55.75% and total cumulative return in cash reaches $142,127. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,252/mo property income versus a $3,793/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1989
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13360, Inlet, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 993 (100%) |
| Owner Occupied HU | 139 (14.0%) |
| Renter Occupied HU | 46 ( 4.6%) |
| Vacant Housing Units | 808 (81.4%) |
| Median Home Value | $404,630 |
| Average Home Value | $388,112 |
Housing Distribution
Address Breakdown
Residential
46
Single Family
46
Multi-Family
0
Businesses
53
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