780 Diamond Point RoadDiamond PtNY12824
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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 Diamond Pt at 780 Diamond Point Road, Diamond Pt, NY, 12824 offers $2,651/mo rent that, after a $2,344/mo payment. Total monthly income is $2,651/mo. Return on cash invested measures 15.77% in year one, and rental yield stands at 6.64% at a $479,000 entry. Equity gained on principal adds $3,091/yr while 5% annual appreciation compounds into $132,339 by year five. Five-year ROI records 81.3% and total cumulative return in cash reaches $129,099. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,651/mo property income versus a $2,344/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12824, Diamond Point, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,089 (100%) |
| Owner Occupied HU | 350 (32.1%) |
| Renter Occupied HU | 75 ( 6.9%) |
| Vacant Housing Units | 664 (61.0%) |
| Median Home Value | $589,286 |
| Average Home Value | $942,450 |
Housing Distribution
Address Breakdown
Residential
384
Single Family
384
Multi-Family
0
Businesses
24
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Listed by: Eileen Clark • eXp Realty
Mls Name: Global MLS
Mls ID: #202610675