5 Morningside DriveDelmarNY12054
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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 Delmar at 5 Morningside Drive, Delmar, NY, 12054 priced at $419,900 pairs $3,884/mo rent with $1,080/mo cash flow after a $2,055/mo payment. Total monthly income equals $3,884/mo, and annual cash flow comes to $12,962/yr on $139,197 invested. Return on cash invested is 29.22% in year one, and rental yield stands at 11.1% on a $419,900 basis. Equity gained on principal adds $2,710/yr, and 5% annual appreciation accumulates to $116,011 by year five. Five-year ROI measures 153.44% and total cumulative return in cash reaches $213,588. For financing, Ziffy Mortgage’s DSCR program evaluates $3,884/mo property income against a $2,055/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12054, Delmar, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,569 (100%) |
| Owner Occupied HU | 5,376 (71.0%) |
| Renter Occupied HU | 1,838 (24.3%) |
| Vacant Housing Units | 355 ( 4.7%) |
| Median Home Value | $373,707 |
| Average Home Value | $399,553 |
Housing Distribution
Address Breakdown
Residential
7,525
Single Family
7,137
Multi-Family
388
Businesses
478
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