32 Casey LaneMount SinaiNY11766
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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 Mount Sinai at 32 Casey Lane, Mount Sinai, NY, 11766 uses $510,300 cash to close to unlock $17,787/yr annual cash flow and $1,482/mo monthly cash flow. Total monthly income runs $12,000/mo, and a $7,709/mo payment keeps the spread at $1,482/mo. Purchase price stands at $1,575,000, and rental yield measures 9.14% with $12,000/mo rent. Return on cash invested shows 23.86% in year one, and 5% annual appreciation builds toward $435,143 over five years. Five-year ROI reaches 124.57% and total cumulative return in cash records $635,666. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $12,000/mo property income covering a $7,709/mo payment rather than investor’s personal income.
Single Family
Built in 2000
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11766, Mount Sinai, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,697 (100%) |
| Owner Occupied HU | 4,185 (89.1%) |
| Renter Occupied HU | 276 ( 5.9%) |
| Vacant Housing Units | 236 ( 5.0%) |
| Median Home Value | $694,368 |
| Average Home Value | $743,371 |
Housing Distribution
Address Breakdown
Residential
4,505
Single Family
3,902
Multi-Family
603
Businesses
393
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Listed by: Deborah Delardi CBR • Signature Premier Properties
Mls Name: OneKey MLS
Mls ID: #869382