76 Highlands Drive # C3HunterNY12442
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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 Hunter at 76 Highlands Drive # C3, Hunter, NY, 12442 offers a 11.76% rental yield on a $485,000 purchase with $4,754/mo rent. Total monthly income registers $4,754/mo, and a $2,374/mo payment leaves $1,515/mo available for distribution. Annual cash flow reaches $18,181/yr on $160,778 to close, and return on cash invested stands at 31.22% in year one. Equity gained on principal adds $3,130/yr while 5% annual appreciation supports $133,997 over five years. Portfolio math shows five-year ROI at 164.14% and total cumulative return in cash at $263,906. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,754/mo property income against a $2,374/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1972
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12442, Hunter, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,196 (100%) |
| Owner Occupied HU | 314 (26.3%) |
| Renter Occupied HU | 122 (10.2%) |
| Vacant Housing Units | 760 (63.5%) |
| Median Home Value | $365,625 |
| Average Home Value | $436,003 |
Housing Distribution
Address Breakdown
Residential
111
Single Family
111
Multi-Family
0
Businesses
66
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