26 Tuthill LnRemsenburgNY11960
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 Remsenburg at 26 Tuthill Ln, Remsenburg, NY, 11960 offers $8,744/mo rent that, after a $9,765/mo payment. Total monthly income is $8,744/mo. Return on cash invested measures 11.87% in year one, and rental yield stands at 5.26% at a $1,995,000 entry. Equity gained on principal adds $12,873/yr while 5% annual appreciation compounds into $551,182 by year five. Five-year ROI records 60.29% and total cumulative return in cash reaches $389,709. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $8,744/mo property income versus a $9,765/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11960, Remsenburg, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,064 (100%) |
| Owner Occupied HU | 591 (55.5%) |
| Renter Occupied HU | 118 (11.1%) |
| Vacant Housing Units | 355 (33.4%) |
| Median Home Value | $1,150,240 |
| Average Home Value | $1,238,621 |
Housing Distribution
Address Breakdown
Residential
15
Single Family
15
Multi-Family
0
Businesses
45
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Nearby investment properties with comparable prices
Listed by: Greg Baker - Real Estate Sales Person • Saunders & Associates
Mls Name: Out East
Mls ID: #388462