4 Violet DriveHighland MillsNY10930
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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 Highland Mills at 4 Violet Drive, Highland Mills, NY, 10930 generates $2,400/mo in rent and, after a $582/mo payment, leaves $676/mo in cash flow. Total monthly income is $2,400/mo, and annual cash flow is $8,109/yr on $39,449 invested. Return on cash invested sits at 40.47% in year one, and rental yield is 24.2% on a $119,000 entry. Equity gained on principal adds $768/yr, while 5% annual appreciation builds toward $32,878 over five years. Five-year ROI reaches 223.99% and total cumulative return in cash sums $88,361. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,400/mo property income rather than buyer’s personal income.
Manufactured
Built in 1986
N/A lot
$N/A/sqft
$930 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10930, Highland Mills, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,928 (100%) |
| Owner Occupied HU | 2,816 (71.7%) |
| Renter Occupied HU | 722 (18.4%) |
| Vacant Housing Units | 390 ( 9.9%) |
| Median Home Value | $473,950 |
| Average Home Value | $524,782 |
Housing Distribution
Address Breakdown
Residential
2,992
Single Family
2,992
Multi-Family
0
Businesses
118
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Listed by: Ivan Carvalho • Exit Realty Connections
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #H6315930
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