1 Meadow Dr APT 1KWoodmereNY11598
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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 Woodmere at 1 Meadow Dr APT 1K, Woodmere, NY, 11598 generates $4,316/mo in rent and, after a $2,618/mo payment, leaves $744/mo in cash flow. Total monthly income is $4,316/mo, and annual cash flow is $8,931/yr on $175,949 invested. Return on cash invested sits at 25.14% in year one, and rental yield is 9.68% on a $534,800 entry. Equity gained on principal adds $3,451/yr, while 5% annual appreciation builds toward $147,755 over five years. Five-year ROI reaches 131.5% and total cumulative return in cash sums $231,374. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,316/mo property income rather than buyer’s personal income.
Condo
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11598, Woodmere, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,273 (100%) |
| Owner Occupied HU | 3,590 (84.0%) |
| Renter Occupied HU | 474 (11.1%) |
| Vacant Housing Units | 209 ( 4.9%) |
| Median Home Value | $975,543 |
| Average Home Value | $1,120,117 |
Housing Distribution
Address Breakdown
Residential
4,199
Single Family
3,738
Multi-Family
461
Businesses
333
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