1 Toms Point Lane #2APt WashingtonNY11050
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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 Pt Washington at 1 Toms Point Lane #2A, Pt Washington, NY, 11050 earns $430/mo cash flow from $4,170/mo rent with a $2,741/mo payment. Total monthly income totals $4,170/mo, and annual cash flow totals $5,164/yr on $184,240 capital. ROI tracks 22.86% on current figures, and rental yield reads 8.94% at a $560,000 purchase. Equity gained on principal adds $3,614/yr, and 5% annual appreciation supports $154,718 over five years. Five-year ROI reaches 119.31% and total cumulative return in cash sums $219,809. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,170/mo property income instead of your personal income.
Condo
Built in 1965
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11050, Port Washington, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,976 (100%) |
| Owner Occupied HU | 7,573 (63.2%) |
| Renter Occupied HU | 3,694 (30.8%) |
| Vacant Housing Units | 709 ( 5.9%) |
| Median Home Value | $988,902 |
| Average Home Value | $1,161,958 |
Housing Distribution
Address Breakdown
Residential
11,462
Single Family
10,102
Multi-Family
1,360
Businesses
1,262
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Listed by: Megan Branigan • Branch Real Estate Group
Mls Name: OneKey MLS
Mls ID: #937591