4 Morris DriveHyde ParkNY12538
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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 Hyde Park at 4 Morris Drive, Hyde Park, NY, 12538 offers $2,284/mo rent that, after a $1,610/mo payment, leaves $87/mo cash flow. Total monthly income is $2,284/mo, and annual cash flow is $1,047/yr on $109,064 cash. Return on cash invested measures 20.87% in year one, and rental yield stands at 8.33% at a $329,000 entry. Equity gained on principal adds $2,123/yr while 5% annual appreciation compounds into $90,897 by year five. Five-year ROI records 108.66% and total cumulative return in cash reaches $118,509. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,284/mo property income versus a $1,610/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12538, Hyde Park, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,655 (100%) |
| Owner Occupied HU | 3,627 (64.1%) |
| Renter Occupied HU | 1,686 (29.8%) |
| Vacant Housing Units | 342 ( 6.0%) |
| Median Home Value | $356,737 |
| Average Home Value | $405,695 |
Housing Distribution
Address Breakdown
Residential
5,576
Single Family
5,062
Multi-Family
514
Businesses
370
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