967 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 967 Skyline Drive, Coram, NY, 11727 earns $148/mo cash flow from $2,485/mo rent with a $1,713/mo payment. Total monthly income totals $2,485/mo, and annual cash flow totals $1,774/yr on $116,025 capital. ROI tracks 21.44% on current figures, and rental yield reads 8.52% at a $349,999 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,698 over five years. Five-year ROI reaches 111.68% and total cumulative return in cash sums $129,578. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,485/mo property income instead of your personal income.
Condo
Built in 1985
1,062 sqft 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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