615 Fox Run LaneCarmelNY10512
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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
Investment property for sale in Carmel at 615 Fox Run Lane, Carmel, NY, 10512 uses $58,013 cash to close to unlock $2,507/yr annual cash flow and $209/mo monthly cash flow. Total monthly income runs $1,378/mo, and a $857/mo payment keeps the spread at $209/mo. Purchase price stands at $175,000, and rental yield measures 9.45% with $1,378/mo rent. Return on cash invested shows 24.23% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 126.65% and total cumulative return in cash records $73,471. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,378/mo property income covering a $857/mo payment rather than investor’s personal income.
Condo
Built in 1973
436 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10512, Carmel, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,096 (100%) |
| Owner Occupied HU | 7,530 (74.6%) |
| Renter Occupied HU | 1,797 (17.8%) |
| Vacant Housing Units | 769 ( 7.6%) |
| Median Home Value | $461,515 |
| Average Home Value | $513,780 |
Housing Distribution
Address Breakdown
Residential
10,012
Single Family
9,412
Multi-Family
600
Businesses
711
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