5 Colgate CourtShorehamNY11786
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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 Shoreham at 5 Colgate Court, Shoreham, NY, 11786 generates $4,740/mo in rent, after a $4,616/mo payment. Total monthly income is $4,740/mo. Return on cash invested sits at 14.04% in year one, and rental yield is 6.03% on a $943,029 entry. Equity gained on principal adds $6,085/yr, while 5% annual appreciation builds toward $260,542 over five years. Five-year ROI reaches 71.96% and total cumulative return in cash sums $223,269. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,740/mo property income rather than buyer’s personal income.
Single Family
Built in 1968
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11786, Shoreham, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,134 (100%) |
| Owner Occupied HU | 1,952 (91.5%) |
| Renter Occupied HU | 91 ( 4.3%) |
| Vacant Housing Units | 91 ( 4.3%) |
| Median Home Value | $619,565 |
| Average Home Value | $656,825 |
Housing Distribution
Address Breakdown
Residential
1,903
Single Family
1,903
Multi-Family
0
Businesses
165
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