70 Constantine Way UNIT 70Mount SinaiNY11766
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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 Mount Sinai at 70 Constantine Way UNIT 70, Mount Sinai, NY, 11766 with 5% annual appreciation on a $749,000 basis while $6,169/mo rent supports operations. Total monthly income totals $6,169/mo and a $3,666/mo payment preserves $582/mo for cash returns. Annual cash flow comes to $6,987/yr on $246,421 deployed, and return on cash invested reaches 22.9% in year one. Equity gained on principal adds $4,833/yr, and five-year appreciation sums $206,935 alongside rental yield of 9.88%. Five-year ROI measures 120.51% and total cumulative return in cash totals $296,968.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,169/mo property income versus a $3,666/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2003
2,246 sqft lot
$N/A/sqft
$585 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11766, Mount Sinai, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,697 (100%) |
| Owner Occupied HU | 4,185 (89.1%) |
| Renter Occupied HU | 276 ( 5.9%) |
| Vacant Housing Units | 236 ( 5.0%) |
| Median Home Value | $694,368 |
| Average Home Value | $743,371 |
Housing Distribution
Address Breakdown
Residential
4,505
Single Family
3,902
Multi-Family
603
Businesses
393
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Nearby investment properties with comparable prices
Listed by: Yaffa Stegemann • Douglas Elliman Real Estate
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #3588940
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