1027 Jerusalem Avenue #121UniondaleNY11553
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Uniondale at 1027 Jerusalem Avenue #121, Uniondale, NY, 11553 uses $165,750 cash to close to unlock $7,384/yr annual cash flow and $615/mo monthly cash flow. Total monthly income runs $3,954/mo, and a $2,447/mo payment keeps the spread at $615/mo. Purchase price stands at $500,000, and rental yield measures 9.49% with $3,954/mo rent. Return on cash invested shows 24.36% in year one, and 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 127.38% and total cumulative return in cash records $211,136. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,954/mo property income covering a $2,447/mo payment rather than investor’s personal income.
Condo
Built in 2000
882 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11553, Uniondale, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,694 (100%) |
| Owner Occupied HU | 4,478 (66.9%) |
| Renter Occupied HU | 1,946 (29.1%) |
| Vacant Housing Units | 270 ( 4.0%) |
| Median Home Value | $538,090 |
| Average Home Value | $637,589 |
Housing Distribution
Address Breakdown
Residential
6,199
Single Family
5,478
Multi-Family
721
Businesses
565
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices