1089 Tulip AvenueFranklin SquareNY11010
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 1089 Tulip Avenue, Franklin Square, NY, 11010 in Franklin Square: $7,148/mo in rent, $2,648/mo net, 12.73% gross yield, all on a $674,000 acquisition. The 2.36 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $186,214 in value, and $6,208/yr in principal paydown steadily builds equity. Projected total cumulative return: $427,364.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 12.7% | 6.2% |
| Monthly Cash Flow | $2,648 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $7,148 |
| Total Monthly Debt Service | $4,233 |
| DSCR Ratio | 1.69x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1903
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11010, Franklin Square, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,211 (100%) |
| Owner Occupied HU | 6,665 (81.2%) |
| Renter Occupied HU | 1,258 (15.3%) |
| Vacant Housing Units | 288 ( 3.5%) |
| Median Home Value | $674,982 |
| Average Home Value | $719,112 |
Housing Distribution
Address Breakdown
Residential
7,402
Single Family
7,183
Multi-Family
219
Businesses
677
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
Single Family
Built in 1903
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11010, Franklin Square, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,211 (100%) |
| Owner Occupied HU | 6,665 (81.2%) |
| Renter Occupied HU | 1,258 (15.3%) |
| Vacant Housing Units | 288 ( 3.5%) |
| Median Home Value | $674,982 |
| Average Home Value | $719,112 |
Housing Distribution
Address Breakdown
Residential
7,402
Single Family
7,183
Multi-Family
219
Businesses
677
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices