3 Longmeadow DriveDelmarNY12054
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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 Delmar at 3 Longmeadow Drive, Delmar, NY, 12054 priced at $349,000 pairs $3,299/mo rent with $969/mo cash flow after a $1,708/mo payment. Total monthly income equals $3,299/mo, and annual cash flow comes to $11,623/yr on $115,694 invested. Return on cash invested is 29.96% in year one, and rental yield stands at 11.34% on a $349,000 basis. Equity gained on principal adds $2,252/yr, and 5% annual appreciation accumulates to $96,422 by year five. Five-year ROI measures 157.37% and total cumulative return in cash reaches $182,064. For financing, Ziffy Mortgage’s DSCR program evaluates $3,299/mo property income against a $1,708/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1986
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12054, Delmar, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,569 (100%) |
| Owner Occupied HU | 5,376 (71.0%) |
| Renter Occupied HU | 1,838 (24.3%) |
| Vacant Housing Units | 355 ( 4.7%) |
| Median Home Value | $373,707 |
| Average Home Value | $399,553 |
Housing Distribution
Address Breakdown
Residential
7,525
Single Family
7,137
Multi-Family
388
Businesses
478
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