30 Kiowa Court #K30CoramNY11727
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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
Investment property for sale in Coram at 30 Kiowa Court #K30, Coram, NY, 11727 offers a 9.12% rental yield on a $199,990 purchase with $1,520/mo rent. Total monthly income registers $1,520/mo, and a $979/mo payment leaves $184/mo available for distribution. Annual cash flow reaches $2,212/yr on $66,297 to close, and return on cash invested stands at 23.25% in year one. Equity gained on principal adds $1,291/yr while 5% annual appreciation supports $55,254 over five years. Portfolio math shows five-year ROI at 121.41% and total cumulative return in cash at $80,489. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,520/mo property income against a $979/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1978
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11727, Coram, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,281 (100%) |
| Owner Occupied HU | 7,258 (59.1%) |
| Renter Occupied HU | 4,298 (35.0%) |
| Vacant Housing Units | 725 ( 5.9%) |
| Median Home Value | $479,829 |
| Average Home Value | $495,134 |
Housing Distribution
Address Breakdown
Residential
11,306
Single Family
11,306
Multi-Family
0
Businesses
448
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