37 Barrett Hill RoadCarmelNY10512
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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 Carmel at 37 Barrett Hill Road, Carmel, NY, 10512 at $300,000 posts ROI 20.23% with $27/mo cash flow from $2,030/mo rent. Total monthly income equals $2,030/mo, and annual cash flow records $324/yr on $99,450 to close. Return on cash invested measures 20.23% and rental yield reads 8.12% at the current $300,000. Equity gained on principal adds $1,936/yr, and 5% annual appreciation supports $82,884 by year five. Five-year ROI prints 105.22% and total cumulative return in cash totals $104,640.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,030/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1942
0.39 Acres lot
$N/A/sqft
No 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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