33 Walters AvenueCold Spring HarborNY11724
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 33 Walters Avenue, Cold Spring Harbor, NY, 11724 in Cold Spring Harbor fits: $1,995,000, 3.68% gross yield, and a projected 5% annual appreciation rate adding $551,182 in value within five years. Rental yield 3.68%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.68) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $18,374/yr in principal paydown and $551,182 in appreciation project a total return of $297,122.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 3.7% | 6.2% |
| Monthly Cash Flow | $(7,204) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $6,118 |
| Total Monthly Debt Service | $12,529 |
| DSCR Ratio | 0.49x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1996
0.49 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
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
Single Family
Built in 1996
0.49 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: OneKey MLS as distributed by MLS GRID
Mls ID: #972896