56 Coachlight Square #56MontroseNY10548
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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 Montrose at 56 Coachlight Square #56, Montrose, NY, 10548 generates $2,640/mo in rent and, after a $1,860/mo payment, leaves $102/mo in cash flow. Total monthly income is $2,640/mo, and annual cash flow is $1,228/yr on $125,970 invested. Return on cash invested sits at 20.88% in year one, and rental yield is 8.34% on a $380,000 entry. Equity gained on principal adds $2,452/yr, while 5% annual appreciation builds toward $104,987 over five years. Five-year ROI reaches 108.72% and total cumulative return in cash sums $136,957. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,640/mo property income rather than buyer’s personal income.
Condo
Built in 1970
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10548, Montrose, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,238 (100%) |
| Owner Occupied HU | 871 (70.4%) |
| Renter Occupied HU | 305 (24.6%) |
| Vacant Housing Units | 62 ( 5.0%) |
| Median Home Value | $448,118 |
| Average Home Value | $466,119 |
Housing Distribution
Address Breakdown
Residential
1,173
Single Family
1,173
Multi-Family
0
Businesses
105
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