8300 Main RdEast MarionNY11939
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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 East Marion at 8300 Main Rd, East Marion, NY, 11939 with 5% annual appreciation on a $999,000 basis while $7,126/mo rent supports operations. Total monthly income totals $7,126/mo and a $4,890/mo payment preserves $454/mo for cash returns. Annual cash flow comes to $5,453/yr on $328,671 deployed, and return on cash invested reaches 21.72% in year one. Equity gained on principal adds $6,446/yr, and five-year appreciation sums $276,005 alongside rental yield of 8.56%. Five-year ROI measures 113.17% and total cumulative return in cash totals $371,942.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $7,126/mo property income versus a $4,890/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11939, East Marion, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 942 (100%) |
| Owner Occupied HU | 414 (43.9%) |
| Renter Occupied HU | 75 ( 8.0%) |
| Vacant Housing Units | 453 (48.1%) |
| Median Home Value | $867,925 |
| Average Home Value | $982,500 |
Housing Distribution
Address Breakdown
Residential
562
Single Family
562
Multi-Family
0
Businesses
43
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Listed by: Dimitri Simonovic - Real Estate Sales Person • The Agency
Mls Name: Out East
Mls ID: #387517