70 Kent Shore DriveKent LakesNY10512
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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 Kent Lakes at 70 Kent Shore Drive, Kent Lakes, NY, 10512 offers $4,200/mo rent that, after a $2,687/mo payment, leaves $534/mo cash flow. Total monthly income is $4,200/mo, and annual cash flow is $6,407/yr on $180,621 cash. Return on cash invested measures 23.61% in year one, and rental yield stands at 9.18% at a $549,000 entry. Equity gained on principal adds $3,543/yr while 5% annual appreciation compounds into $151,679 by year five. Five-year ROI records 123.29% and total cumulative return in cash reaches $222,680. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,200/mo property income versus a $2,687/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1967
0.73 Acres 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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Listed by: Joanne Damico • Century 21 Alliance Rlty Group
Mls Name: OneKey MLS
Mls ID: #944305