42 Morgans LaneComstockNY12821
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 42 Morgans Lane, Comstock, NY, 12821 in Comstock speaks for itself: 11.65% gross on a $264,999 price, generating $2,572/mo in rent and $802/mo in net income after the $1,192/mo debt service. DSCR 2.16, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $9,624 stacks alongside $73,214 in projected five-year appreciation and $2,441/yr in principal reduction. Projected total cumulative return: $152,683.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 11.7% | 6.2% |
| Monthly Cash Flow | $802 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,572 |
| Total Monthly Debt Service | $1,664 |
| DSCR Ratio | 1.55x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1989
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12821, Comstock, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 142 (100%) |
| Owner Occupied HU | 103 (72.5%) |
| Renter Occupied HU | 14 ( 9.9%) |
| Vacant Housing Units | 25 (17.6%) |
| Median Home Value | $275,000 |
| Average Home Value | $270,728 |
Housing Distribution
Address Breakdown
Residential
106
Single Family
106
Multi-Family
0
Businesses
4
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
Single Family
Built in 1989
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12821, Comstock, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 142 (100%) |
| Owner Occupied HU | 103 (72.5%) |
| Renter Occupied HU | 14 ( 9.9%) |
| Vacant Housing Units | 25 (17.6%) |
| Median Home Value | $275,000 |
| Average Home Value | $270,728 |
Housing Distribution
Address Breakdown
Residential
106
Single Family
106
Multi-Family
0
Businesses
4
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices