939 Skyline DriveCoramNY11727
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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 Coram at 939 Skyline Drive, Coram, NY, 11727 listed at $434,900 pairs $3,534/mo rent with a $2,129/mo payment to leave $629/mo cash flow. Total monthly income runs $3,534/mo, and annual cash flow reaches $7,553/yr on $144,169 cash to close. Return on cash invested measures 25.15% in year one, and rental yield registers 9.75% at a $434,900 basis. Equity gained on principal adds $2,806/yr, and annual property appreciation at 5% supports $120,155 by year five. Five-year ROI tracks 131.59% and total cumulative return in cash totals $189,713. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,534/mo property income relative to a $2,129/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1982
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11727, Coram, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,281 (100%) |
| Owner Occupied HU | 7,258 (59.1%) |
| Renter Occupied HU | 4,298 (35.0%) |
| Vacant Housing Units | 725 ( 5.9%) |
| Median Home Value | $479,829 |
| Average Home Value | $495,134 |
Housing Distribution
Address Breakdown
Residential
11,306
Single Family
11,306
Multi-Family
0
Businesses
448
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