3 Clay Pit RdRemsenburgNY11960
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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
Total monthly income runs $5,088/mo, and a $7,342/mo payment. Purchase price stands at $1,500,000, and rental yield measures 4.07% with $5,088/mo rent. Return on cash invested shows 8.2% in year one, and 5% annual appreciation builds toward $414,422 over five years. Five-year ROI reaches 40.6% and total cumulative return in cash records $197,327. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,088/mo property income covering a $7,342/mo payment rather than investor’s personal income.
Single Family
Built in 1987
2 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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Listed by: Deborah Pirro - Real Estate Sales Person • Daniel Gale Sotheby's International Realty
Mls Name: Out East
Mls ID: #388155