77 Hamlet DriveMount SinaiNY11766
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
Rental property for sale in Mount Sinai at 77 Hamlet Drive, Mount Sinai, NY, 11766 priced at $1,239,999 pairs $2,220/mo rent with after a $6,069/mo payment. Total monthly income equals $2,220/mo. Return on cash invested is 2.27% in year one, and rental yield stands at 2.15% on a $1,239,999 basis. Equity gained on principal adds $8,002/yr, and 5% annual appreciation accumulates to $342,589 by year five. Five-year ROI measures 8.8% and total cumulative return in cash reaches $35,369. For financing, Ziffy Mortgage’s DSCR program evaluates $2,220/mo property income against a $6,069/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2005
3,485 sqft lot
$N/A/sqft
No 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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Listed by: Ephraim J. Simon • Serhant East End LLC
Mls Name: OneKey MLS
Mls ID: #922185