87 Sterling PlaceLloydNY12528
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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 Lloyd at 87 Sterling Place, Lloyd, NY, 12528 generates $2,592/mo in rent and, after a $1,640/mo payment, leaves $355/mo in cash flow. Total monthly income is $2,592/mo, and annual cash flow is $4,255/yr on $111,053 invested. Return on cash invested sits at 23.74% in year one, and rental yield is 9.28% on a $335,000 entry. Equity gained on principal adds $2,162/yr, while 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 124.05% and total cumulative return in cash sums $137,756. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,592/mo property income rather than buyer’s personal income.
Condo
Built in 1988
3,920 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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