104 Golding AveWest BabylonNY11704
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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 West Babylon at 104 Golding Ave, West Babylon, NY, 11704 generates $4,644/mo in rent and, after a $3,225/mo payment, leaves $244/mo in cash flow. Total monthly income is $4,644/mo, and annual cash flow is $2,925/yr on $216,811 invested. Return on cash invested sits at 21.41% in year one, and rental yield is 8.46% on a $659,000 entry. Equity gained on principal adds $4,252/yr, while 5% annual appreciation builds toward $182,070 over five years. Five-year ROI reaches 111.5% and total cumulative return in cash sums $241,747. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,644/mo property income rather than buyer’s personal income.
Single Family
Built in 1952
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11704, West Babylon, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,970 (100%) |
| Owner Occupied HU | 9,671 (69.2%) |
| Renter Occupied HU | 3,727 (26.7%) |
| Vacant Housing Units | 572 ( 4.1%) |
| Median Home Value | $559,630 |
| Average Home Value | $583,775 |
Housing Distribution
Address Breakdown
Residential
12,611
Single Family
11,925
Multi-Family
686
Businesses
1,370
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Listed by: Rose Rapisardi • Advantage Homes
Mls Name: NY State MLS
Mls ID: #11492745