787 Gregory CourtHighlandNY12528
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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 Highland at 787 Gregory Court, Highland, NY, 12528 uses $97,793 cash to close to unlock $10,199/yr annual cash flow and $850/mo monthly cash flow. Total monthly income runs $2,820/mo, and a $1,444/mo payment keeps the spread at $850/mo. Purchase price stands at $295,000, and rental yield measures 11.47% with $2,820/mo rent. Return on cash invested shows 30.34% in year one, and 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 159.41% and total cumulative return in cash records $155,894. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,820/mo property income covering a $1,444/mo payment rather than investor’s personal income.
Condo
Built in 2004
436 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12528, Highland, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,250 (100%) |
| Owner Occupied HU | 3,785 (60.6%) |
| Renter Occupied HU | 1,968 (31.5%) |
| Vacant Housing Units | 497 ( 8.0%) |
| Median Home Value | $415,318 |
| Average Home Value | $438,996 |
Housing Distribution
Address Breakdown
Residential
5,711
Single Family
5,431
Multi-Family
280
Businesses
436
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