10 Palm Ct #10SeldenNY11784
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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 Selden at 10 Palm Ct #10, Selden, NY, 11784 offers a 16.41% rental yield on a $214,100 purchase with $2,927/mo rent. Total monthly income registers $2,927/mo, and a $1,048/mo payment leaves $1,497/mo available for distribution. Annual cash flow reaches $17,966/yr on $70,974 to close, and return on cash invested stands at 45.22% in year one. Equity gained on principal adds $1,382/yr while 5% annual appreciation supports $59,152 over five years. Portfolio math shows five-year ROI at 239.27% and total cumulative return in cash at $169,819. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,927/mo property income against a $1,048/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11784, Selden, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,640 (100%) |
| Owner Occupied HU | 6,550 (75.8%) |
| Renter Occupied HU | 1,686 (19.5%) |
| Vacant Housing Units | 404 ( 4.7%) |
| Median Home Value | $495,806 |
| Average Home Value | $571,600 |
Housing Distribution
Address Breakdown
Residential
7,736
Single Family
7,552
Multi-Family
184
Businesses
497
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