2775 Route 6Slate HillNY10973
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 Slate Hill at 2775 Route 6, Slate Hill, NY, 10973 earns $1,243/mo cash flow from $3,480/mo rent with a $1,640/mo payment. Total monthly income totals $3,480/mo, and annual cash flow totals $14,911/yr on $111,053 capital. ROI tracks 33.34% on current figures, and rental yield reads 12.47% at a $335,000 purchase. Equity gained on principal adds $2,162/yr, and 5% annual appreciation supports $92,554 over five years. Five-year ROI reaches 175.49% and total cumulative return in cash sums $194,888. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,480/mo property income instead of your personal income.
Single Family
Built in 1850
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10973, Slate Hill, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 830 (100%) |
| Owner Occupied HU | 620 (74.7%) |
| Renter Occupied HU | 119 (14.3%) |
| Vacant Housing Units | 91 (11.0%) |
| Median Home Value | $475,000 |
| Average Home Value | $486,000 |
Housing Distribution
Address Breakdown
Residential
705
Single Family
705
Multi-Family
0
Businesses
96
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Nearby investment properties with comparable prices
Listed by: Jessica Caldwell • HomeSmart Homes & Estates
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #H6323927
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