1067 Mirabelle AvenueWestburyNY11590
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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 Westbury at 1067 Mirabelle Avenue, Westbury, NY, 11590 priced at $820,000 converts $5,887/mo rent into $412/mo cash flow after a $4,013/mo obligation. Total monthly income equals $5,887/mo, and annual cash flow totals $4,940/yr on $269,780 invested. Return on cash invested prints 21.89% in year one, and rental yield reads 8.62% against a $820,000 entry. Equity gained on principal adds $5,291/yr, while 5% annual appreciation compiles into $226,551 by year five. Five-year ROI reaches 114.08% and total cumulative return in cash sums $307,763. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,887/mo property income covering a $4,013/mo payment, not borrower’s personal income.
Single Family
Built in 1949
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11590, Westbury, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,388 (100%) |
| Owner Occupied HU | 10,278 (66.8%) |
| Renter Occupied HU | 4,308 (28.0%) |
| Vacant Housing Units | 802 ( 5.2%) |
| Median Home Value | $659,443 |
| Average Home Value | $704,866 |
Housing Distribution
Address Breakdown
Residential
14,182
Single Family
11,485
Multi-Family
2,697
Businesses
1,593
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