7 Short PathSaint JamesNY11780
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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 Saint James at 7 Short Path, Saint James, NY, 11780 generates $4,082/mo in rent, after a $5,178/mo payment. Total monthly income is $4,082/mo. Return on cash invested sits at 9.93% in year one, and rental yield is 4.63% on a $1,058,000 entry. Equity gained on principal adds $6,827/yr, while 5% annual appreciation builds toward $292,306 over five years. Five-year ROI reaches 49.89% and total cumulative return in cash sums $171,009. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,082/mo property income rather than buyer’s personal income.
Single Family
Built in 1975
2.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11780, Saint James, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,698 (100%) |
| Owner Occupied HU | 4,802 (84.3%) |
| Renter Occupied HU | 607 (10.7%) |
| Vacant Housing Units | 289 ( 5.1%) |
| Median Home Value | $732,275 |
| Average Home Value | $822,409 |
Housing Distribution
Address Breakdown
Residential
5,593
Single Family
5,585
Multi-Family
8
Businesses
619
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Listed by: Jin Tao • Realty Connect USA L I Inc
Mls Name: OneKey MLS
Mls ID: #930989