83 Manor Drive UNIT 83CornwallNY12518
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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 Cornwall at 83 Manor Drive UNIT 83, Cornwall, NY, 12518 listed at $123,000 pairs $2,074/mo rent with a $602/mo payment to leave $684/mo cash flow. Total monthly income runs $2,074/mo, and annual cash flow reaches $8,204/yr on $40,775 cash to close. Return on cash invested measures 40.03% in year one, and rental yield registers 20.23% at a $123,000 basis. Equity gained on principal adds $794/yr, and annual property appreciation at 5% supports $33,983 by year five. Five-year ROI tracks 217.49% and total cumulative return in cash totals $88,681. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,074/mo property income relative to a $602/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1965
N/A lot
$N/A/sqft
$569 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12518, Cornwall, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,731 (100%) |
| Owner Occupied HU | 1,695 (62.1%) |
| Renter Occupied HU | 885 (32.4%) |
| Vacant Housing Units | 151 ( 5.5%) |
| Median Home Value | $482,821 |
| Average Home Value | $545,888 |
Housing Distribution
Address Breakdown
Residential
2,296
Single Family
1,997
Multi-Family
299
Businesses
266
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Listed by: Donna Brunell • RE/MAX Benchmark Realty Group
Mls Name: OneKey MLS
Mls Provider:
Mls ID: #H6318178
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