6343 State Highway 7MarylandNY12116
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
Investment Highlights
Investment property for sale in Maryland at 6343 State Highway 7, Maryland, NY, 12116 uses $48,068 cash to close to unlock $2,129/yr annual cash flow and $177/mo monthly cash flow. Total monthly income runs $1,146/mo, and a $710/mo payment keeps the spread at $177/mo. Purchase price stands at $145,000, and rental yield measures 9.48% with $1,146/mo rent. Return on cash invested shows 24.34% in year one, and 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 127.31% and total cumulative return in cash records $61,196. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,146/mo property income covering a $710/mo payment rather than investor’s personal income.
Single Family
Built in 1947
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12116, Maryland, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 964 (100%) |
| Owner Occupied HU | 565 (58.6%) |
| Renter Occupied HU | 127 (13.2%) |
| Vacant Housing Units | 272 (28.2%) |
| Median Home Value | $216,737 |
| Average Home Value | $281,735 |
Housing Distribution
Address Breakdown
Residential
809
Single Family
809
Multi-Family
0
Businesses
8
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices