3 Squadron CourtCold Spring HarborNY11724
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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 Cold Spring Harbor at 3 Squadron Court, Cold Spring Harbor, NY, 11724 priced at $1,728,000 pairs $5,112/mo rent with after a $8,458/mo payment. Total monthly income equals $5,112/mo. Return on cash invested is 6.59% in year one, and rental yield stands at 3.55% on a $1,728,000 basis. Equity gained on principal adds $11,151/yr, and 5% annual appreciation accumulates to $477,415 by year five. Five-year ROI measures 32% and total cumulative return in cash reaches $179,138. For financing, Ziffy Mortgage’s DSCR program evaluates $5,112/mo property income against a $8,458/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1968
1.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11724, Cold Spring Harbor, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,027 (100%) |
| Owner Occupied HU | 897 (87.3%) |
| Renter Occupied HU | 79 ( 7.7%) |
| Vacant Housing Units | 51 ( 5.0%) |
| Median Home Value | $1,376,984 |
| Average Home Value | $1,451,187 |
Housing Distribution
Address Breakdown
Residential
1,052
Single Family
1,052
Multi-Family
0
Businesses
170
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Listed by: Tina Giordano • Signature Premier Properties
Mls Name: OneKey MLS
Mls ID: #892141