12 Terrace View RoadFarmingdaleNY11735
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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 Farmingdale at 12 Terrace View Road, Farmingdale, NY, 11735 listed at $948,000 pairs $5,280/mo rent with a $4,640/mo payment. Total monthly income runs $5,280/mo. Return on cash invested measures 16.02% in year one, and rental yield registers 6.68% at a $948,000 basis. Equity gained on principal adds $6,117/yr, and annual property appreciation at 5% supports $261,915 by year five. Five-year ROI tracks 82.59% and total cumulative return in cash totals $257,602. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,280/mo property income relative to a $4,640/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1964
5,900 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 11735, Farmingdale, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,052 (100%) |
| Owner Occupied HU | 8,861 (73.5%) |
| Renter Occupied HU | 2,655 (22.0%) |
| Vacant Housing Units | 536 ( 4.4%) |
| Median Home Value | $616,913 |
| Average Home Value | $640,330 |
Housing Distribution
Address Breakdown
Residential
10,955
Single Family
9,703
Multi-Family
1,252
Businesses
2,424
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Listed by: Navneet Singh • Infinity R E Consulting Inc
Mls Name: OneKey MLS
Mls ID: #919871