39 Myrtle LaneCoramNY11727
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
Investment property for sale in Coram at 39 Myrtle Lane, Coram, NY, 11727 at $649,000 posts ROI 24.17% with $731/mo cash flow from $5,065/mo rent. Total monthly income equals $5,065/mo, and annual cash flow records $8,767/yr on $213,521 to close. Return on cash invested measures 24.17% and rental yield reads 9.37% at the current $649,000. Equity gained on principal adds $4,188/yr, and 5% annual appreciation supports $179,307 by year five. Five-year ROI prints 126.29% and total cumulative return in cash totals $269,652.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,065/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1973
0.49 Acres lot
$N/A/sqft
No 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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Nearby investment properties with comparable prices
Listed by: Mary P Lynch • Daniel Gale Sothebys Intl Rlty
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #3574818
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