3550 Route 112 #BKJV55CoramNY11727
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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 Coram at 3550 Route 112 #BKJV55, Coram, NY, 11727 generates $4,855/mo in rent and, after a $2,861/mo payment, leaves $554/mo in cash flow. Total monthly income is $4,855/mo, and annual cash flow is $6,644/yr on $192,301 invested. Return on cash invested sits at 23.52% in year one, and rental yield is 9.97% on a $584,500 entry. Equity gained on principal adds $3,772/yr, while 5% annual appreciation builds toward $161,487 over five years. Five-year ROI reaches 123.7% and total cumulative return in cash sums $237,869. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,855/mo property income rather than buyer’s personal income.
Townhouse
Built in 2023
N/A lot
$N/A/sqft
$398 monthly 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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