311 Fox Run LaneCarmelNY10512
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
Rental property for sale in Carmel at 311 Fox Run Lane, Carmel, NY, 10512 priced at $183,000 pairs $2,496/mo rent with $889/mo cash flow after a $896/mo payment. Total monthly income equals $2,496/mo, and annual cash flow comes to $10,664/yr on $60,665 invested. Return on cash invested is 37.49% in year one, and rental yield stands at 16.37% on a $183,000 basis. Equity gained on principal adds $1,181/yr, and 5% annual appreciation accumulates to $50,560 by year five. Five-year ROI measures 200.52% and total cumulative return in cash reaches $121,643. For financing, Ziffy Mortgage’s DSCR program evaluates $2,496/mo property income against a $896/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1973
436 sqft lot
$N/A/sqft
$385 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10512, Carmel, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,096 (100%) |
| Owner Occupied HU | 7,530 (74.6%) |
| Renter Occupied HU | 1,797 (17.8%) |
| Vacant Housing Units | 769 ( 7.6%) |
| Median Home Value | $461,515 |
| Average Home Value | $513,780 |
Housing Distribution
Address Breakdown
Residential
10,012
Single Family
9,412
Multi-Family
600
Businesses
711
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Listed by: Vanessa Longo • Briante Realty Group, LLC
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #857273
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-23 05:13:09 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#778)